Will REIT send Loblaw into acquisition mode?

01/2/2013 | Bloomberg

Loblaw's planned real estate investment trust is expected to provide the supermarket chain with as much as C$670 million in cash. Analysts expect at least some of the funds will be spent to acquire rival players such as Safeway Canada or Overwaitea Food Group, as the chain works to fend off growing competition from Wal-Mart and Target.

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