PLEASANTON, Calif. — Safeway has raised around $230 million from the sale of shares in its Blackhawk Network gift card subsidiary.
Blackhawk’s initial public offering opened Friday at $23 per share on the Nasdaq exchange. Safeway, which will remain the majority owner of Blackhawk, previously had anticipated a $21 per-share price.
Shares early Friday were up by more than 10%.
Suggested Categories | More from Supermarketnews |
![]() |
|
![]() |
0 comments
Hide comments