Corporate Law News

Cerberus’ Albertsons Is Said to Confidentially File U.S. IPO (1)

Jan. 13, 2020, 8:11 PM

Albertsons Cos., the supermarket chain backed by private equity firm Cerberus Capital Management, has filed confidentially for an initial public offering, according to a person familiar with the matter.

Cerberus is also weighing other options for Albertsons and it could decide not to proceed with an IPO, the person said, asking not to be named because the matter is private.

A representative for Cerberus declined to comment. Albertsons couldn’t immediately be reach for comment.

The owners of the supermarket chain expect to decide in the coming weeks on an IPO that would value the company at about $19...

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