date:Oct 23, 2013
Empire Co Ltd (EMPa.TO), the operator of Canadian grocery chain Sobeys, said on Tuesdaythat it has signed a consent agreement with the Canadian Competition Bureau allowing it to proceed with the acquisition of substantially all of the assets of Canada Safeway.
We are delighted to have received regulatory clearance from the Competition Bureau, said Marc Poulin, President CEO, Sobeys Inc. Our focus now turns to closing the deal, which we expect to do in early November, and beginning to serve