Safeway deal aligns with Sobeys' health strategy

09/15/2013 | Supermarket News (free registration)

Sobeys' $5.6 billion acquisition of 213 Safeway Canada stores fits well with a newly launched initiative on fresh food, President and CEO Marc Poulin says. "So this acquisition makes so much strategic sense, not just for the great assets, great locations and very good management team but also in terms of a very good alignment of the cultures of both companies," he said.

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