Winn-Dixie operator Southeastern Grocers pulls IPO plans
Aug 19 (Reuters) - Southeastern Grocers LLC, which operates supermarket chains Winn-Dixie and BI-LO, said on Tuesday it would withdraw its plans for an initial public offering.
The Jacksonville, Florida-based company filed with the U.S. Securities and Exchange Commission in September for an IPO of up to $500 million.
Southeastern Grocers did not specify a reason for pulling its IPO plans. (1.usa.gov/1kSevmU)
Citigroup, Credit Suisse and Deutsche Bank Securities were underwriters for the offering, the company had earlier said. (Reporting By Neha Dimri in Bangalore; Editing by Saumyadeb Chakrabarty)