Albertsons launches IPO, looks to raise $1.3B

Albertsons has kicked off its initial public offering and expects the move to raise more than $1.3 billion. The sale of 65.8 million shares of common stock, priced at $18 to $20 per share, comes three months after Albertsons made its IPO filing and follows two previous attempts to take the company public in 2015 and 2018. Read the Reuters story here

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