09-07-2014 09:57 AM | Canada

Empire to sell four Sobeys dairy plants for $356 million

Empire Co Ltd (EMPa.TO), the operator of Canadian grocery chain Sobeys Inc [SOBEF.UL] said it will sell its dairy manufacturing plants in Western Canada to Agropur Cooperative for $356 million.

The deal includes the sale of four plants in Edmonton, Winnipeg, and Burnaby, Empire said.
Full Story : Reuters UK