date:Nov 06, 2013
yrepresents a unique and highly strategic opportunity to leverage Sobeys modern asset base and provides us with a new and exciting platform for growth as we move forward.
Marc Poulin, President Chief Executive Officer, Sobeys Inc. added: We welcome the 29,000 Safeway employees to the Sobeys team as we move forward together as one company, excited to serve the food shopping needs of consumers in Western Canada.
Sobeys funded the CDN $5.8 billion purchase price through application of proceeds f