Sobeys to Acquire Safeway Canada (SWY) for C$5.8B

June 12, 2013 4:22 PM EDT
Empire Company Limited (TSX: EMP.A) and its wholly-owned subsidiary Sobeys announced that Sobeys has reached a definitive agreement with Safeway (NYSE: SWY) to acquire substantially all of the assets of Canada Safeway for a cash purchase of C$5.8 billion.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Mergers and Acquisitions