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Ssi Equity Associates

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BUSINESS
December 3, 1996 | Times Staff and Wire Reports
Safeway Inc. said it bought an additional 13.6% interest in SSI Equity Associates for $124.9 million, raising its interest in the limited partnership to 74.1%. Safeway, the world's largest food retailer, said it used a bank loan to buy the interest from an unnamed third party. SSI's assets are warrants to purchase 23.4 million shares of Safeway common stock at $1 a share.
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BUSINESS
December 3, 1996 | Times Staff and Wire Reports
Safeway Inc. said it bought an additional 13.6% interest in SSI Equity Associates for $124.9 million, raising its interest in the limited partnership to 74.1%. Safeway, the world's largest food retailer, said it used a bank loan to buy the interest from an unnamed third party. SSI's assets are warrants to purchase 23.4 million shares of Safeway common stock at $1 a share.
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BUSINESS
November 22, 1997 | Bloomberg News
Safeway Inc. filed for the sale of 25 million shares by investors, with KKR Associates, the largest shareholder, planning to sell about 28.7% of its stake in the Pleasanton, Calif.-based supermarket chain. The stock sale will include 22.13 million shares held by KKR and 2.87 million shares from the exercise of warrants owned by SSI Equity Associates, according to the filing. KKR, whose general partners include Henry Kravis and George Roberts, currently holds a 32.9% stake consisting of 77.
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