Private Equity

Albertsons Proceeds With Pared

by posted 8months ago 30 views
Albertson’s, the second-largest grocery chain in the United States, has priced its initial public offering (IPO) at a down-sized $800 million, after numerous attempts of owner Cerberus Capital Management to cash out, Reuters said. Cerberus had discussions with numerous shareholders which led to the downsizing, and Cerberus reportedly threatened to walk out at the last […]

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