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Albertsons Companies discloses fiscal 2015 financials ahead of estimated $1.6 billion IPO

Albertsons Companies, the third-largest US grocer operating under Albertsons, Safeway and other banners, reported financial results for the fiscal year ended February 27, 2016, in an amendment filed with the SEC on Wednesday. It set terms to raise $1.6 billion in October 2015 before postponing; its latest filing did not change its proposed terms or disclose a pricing date.

The Boise, ID-based company was founded in 1926 and plans to list on the NYSE under the symbol ABS. Goldman Sachs, BofA Merrill Lynch, Citi, Morgan Stanley, Deutsche Bank, Credit Suisse and Barclays are the joint bookrunners on the deal.

The article Albertsons Companies discloses fiscal 2015 financials ahead of estimated $1.6 billion IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital, the Renaissance IPO ETF (symbol: IPO) or the Global IPO Fund (symbol: IPOSX) , may have investments in securities of companies mentioned.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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