trending Market Intelligence /marketintelligence/en/news-insights/trending/-UTuBOGf6QRaMbT-wu5H7w2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Report: Albertsons mulls another IPO

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments


Report: Albertsons mulls another IPO

Albertsons Cos. Inc. is planning to launch an IPO that could value the grocer at $19 billion, The Wall Street Journal reported Jan. 13, citing sources familiar with the matter.

The owner of Safeway and Jewel-Osco could arrive with a decision in the "coming weeks," the report said. The company is also updating IPO documents it had filed confidentially with the U.S. Securities and Exchange Commission, the newspaper said.

Albertsons, which was acquired by private equity firm Cerberus Capital Management LP in 2006, canceled an IPO in April 2018 to merge with publicly traded pharmacy chain Rite Aid Corp. The $24 billion merger, however, was abandoned in August 2018 due to shareholder opposition.

The Journal said Cerberus wants to revive IPO talks in a bid to take advantage of the grocer's improved performance, strong markets and positive economic indicators.

In the year ended February 2019, the newspaper said Albertsons posted $61 billion in sales. The company also had its debt significantly reduced with $8.34 billion in net debt in November 2019, compared to $10.52 billion in the same month in 2018. Albertsons also posted a 2.7% increase in same-store sales during its third-quarter earnings last week, the report added.

Albertsons and Cerberus did not immediately respond to S&P Global Market Intelligence's requests for comment.