Albertsons Companies intends to raise an aggregate principal amount of $1.25bn through senior notes offering.
The proceeds generated from the notes due 2024 will be used to partly repay the company’s existing loan, as well as the payment of redemption price.
The notes will be issued jointly by Albertsons Companies and its subsidiaries.
UK-based private equity firm Permira Advisers has entered an agreement to acquire the majority interest in John Masters Organics (JMO), a provider of organic personal care products.
The $335.96m deal will help strengthen JMO’s geographical presence.
JMO owns John Masters Organics brand and Styla.
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By GlobalDataReitangruppen has sold 14 million shares in Swedish grocery company Axfood to institutional investors through a private placement.
Representing a 6.7% stake, the transaction was completed at a price of $16.57 a share to raise an aggregate amount up to $232.11m.
Reitangruppen now owns 11,773,268 shares in Axfood.
Automotive Holdings Group (AHG) has entered an agreement to purchase Lance Dixon group of dealerships in Doncaster, Australia and Hyundai dealerships in Penrith, Australia. The acquisition is valued at $8.66m.
AHG has also announced the sale of Duncan Nissan business located in Victoria Park, Australia, for $2.17m.
US-based grocery store operator Ada’s Whole Food Market has agreed to sell Ada’s Natural Foods Market’s assets to Vapor for $3m.
Ada’s Natural Foods Market sells natural and organic groceries through its stores.
Expected to be closed next month, the transaction is funded by Vapor from its existing cash reserves.