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Florida’s Southeastern Grocers files for IPO

Bloomberg Southeastern Grocers Inc, the owner of the Winn-Dixie and Fresco supermarket chains that emerged from bankruptcy two years ago, has filed for an initial public offering. The Jacksonville, Florida-based grocer in its filing with the US Securities and Exchange Commission listed an offer size of $100 million, a placeholder that will likely change. Existing investors will be selling some ...

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India likely to let suitors decide on taking loss-making carrier’s debt

Bloomberg India is ready to sweeten the deal for the sale of Air India Ltd, the loss-making state-owned carrier, a finance ministry official said. The government is considering allowing potential suitors for Air India decide how much of the flag carrier’s debt they want to take on as part of the deal, Disinvestment Secretary Tuhin Kanta Pandey said in an ...

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Heathrow offers pre-departure rapid Covid-19 tests

Bloomberg London Heathrow airport will offer rapid Covid-19 tests to departing passengers as more territories require travelers to provide a clean analysis as a condition for entry. The Oxford LAMP rapid Covid-19 tests will cost 80 pounds ($104) and can be used for travel to destinations including Hong Kong and Italy that are conditioning entry on a negative Covid-19 result, ...

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