Sobeys to acquire over 200 Canada Safeway stores for $5.8 billion
Sobeys will buy 213 Canada Safeway grocery stores Supermarket chain Sobeys says it has reached a deal to buy more than 200 Canada Safeway stores for $5.8 billion – in cash. Sobeys’ parent company Empire Company Limited made the announcement on Wednesday. “The acquisition of Canada Safeway represents an excellent strategic fit, strengthening our presence [...]
