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Safeway Inc's Blackhawk Network Holdings Inc Files For $200 Million IPO-Reuters


Monday, 18 Mar 2013 07:09am EDT 

Reuters reported that Blackhawk Network Holdings Inc, grocer Safeway Inc's gift card and payment service unit, filed with regulators to raise as much as $200 million in an Initial Public Offering (IPO) of its Class A common stock. Blackhawk listed Goldman Sachs & Co, BofA Merrill Lynch, Citigroup and Deutsche Bank Securities as lead underwriters for the offering. Blackhawk intends to list its common stock on the Nasdaq under the symbol HAWK. The amount of money a company says it plans to raise in its first IPO filings is used to calculate registration fees. The final size of the IPO could be different. 

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