Deals
Cerberus’s Albertsons Files for IPO Showing It’s Profitable
- Grocery chain files for U.S. listing after weighing options
- Albertsons sought up to $1.7 billion in earlier IPO attempt
An Albertson's store.
Photographer: Matthew Staver/Bloomberg
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Albertsons Cos., the supermarket chain backed by private equity firm Cerberus Capital Management, filed for an initial public offering, disclosing growing profitability.
The grocer in a filing Friday listed the size of the offering as $100 million, a placeholder that will likely change.