BAVIS_1170x120_10-22-20

initial public offering

Albertsons Cos. conducts $800 million IPO

Albertsons Cos. conducts $800 million IPO

BOISE, Idaho — Shares of Albertsons Companies Inc. began trading on the New York Stock Exchange on Friday, following an $800 million initial public offering that valued the supermarket operator at about $9.3 billion. Albertsons Cos. sold 50 million shares at $16 per share, raising $800 million for its investors. That was below the target

Albertsons Cos. launches Initial Public Offering

Albertsons Cos. launches Initial Public Offering

BOISE, Idaho — Albertsons Cos. has launched an initial public offering involving 6.8 million shares of its common stock, the company announced Thursday. The retailer plans to list its shares on the New York Stock Exchange under the symbol “ACI.” The stock will be sold by some of the company’s stockholders at an expected price