Safeway Inc. (SWY: Quote) said it plans to file a registration statement in the United States for a potential initial public offering or IPO of a minority ownership stake in Blackhawk Network Holdings Inc. Depending on market conditions, the company expects executing a transaction in the first half of 2013.
Blackhawk Network Holdings Inc., an unit of Safeway, operates Blackhawk Network Inc., a prepaid payments network for consumers and businesses.
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by RTT Staff Writer
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