Grocery Retailer Albertsons Plans to Raise $1.3B in IPO

Grocery Retailer Albertsons Plans to Raise $1.3B in IPO

Albertsons on Thursday said it expected to raise up to $1.3 billion in its initial public offering. IPO Pricing The grocery retailer is hoping to sell 65.8 million shares priced between $18 and $20 per share. Underwriters for the IPO will have an option to purchase an additional 9.87 million shares within 30-days of the IPO. […]