U.S. supermarket operator Albertsons Companies Inc ACI.N decided to go ahead with a downsized $ 800 million initial public offering (IPO) on Thursday, the culmination of multiple attempts by its private equity owner Cerberus Capital Management LP to cash out. …
Albertsons Companies announced today the commencement of an initial public offering of 65,800,000 shares of its common stock to be sold by certain of its stockholders, at an anticipated initial public offering price between $ 18 and $ 20 per share. …
“Albertsons Companies is pleased to work with Apollo and its co-investors. Apollo knows our industry and business model well, given its significant prior history of successful investments in the grocery sector. We believe the investment led by the Apollo Funds represents a vote of confidence in both our business and our long-term strategy,” said Vivek Sankaran, President and Chief Executive Officer of Albertsons Companies. …
Albertsons Companies announced today that Evan Rainwater has been promoted to Executive Vice President of Supply Chain & Manufacturing. …
Albertsons Companies, Inc. announced today that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission for a proposed initial public offering consisting of common stock to be sold by certain of its stockholders and the issuance by the company of Series A mandatory convertible preferred stock. …
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