Published June 12, 2013
TORONTO – Empire Company Ltd
Empire said the deal, one of the biggest in the Canadian retail sector this year, includes 213 full service grocery stores under the Safeway banner in Western Canada. It said the acquisition will add to adjusted net earnings per share once the cost savings are fully realized.
($1 = $1.0183 Canadian)
(Reporting by Solarina Ho; Editing by Jeffrey Hodgson)