Retail News

Albertsons said to be preparing again to go public

The Wall Street Journal 01/14/2020

Citing people familiar with the matter, The Wall Street Journal reported yesterday that the giant Albertsons grocery chain, which also owns Jewel-Osco and Safeway, is updating its paperwork with the SEC in preparation for a possible IPO, to be decided in coming weeks. Albertsons made one failed attempt to go public in 2015 and pulled back from a plan in 2018 to go public as part of a deal to acquire Rite Aid in 2018.

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