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BI-LO/Winn-Dixie holding company Southeastern Grocers files for a $500 million IPO

September 26, 2013
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Southeastern Grocers, which operates 685 grocery stores in the Southeast under the Winn-Dixie and BI-LO brands, filed on Thursday with the SEC to raise up to $500 million in an initial public offering. The Jacksonville, FL-based company, which was founded in 1961 and booked $10.1 billion in sales for the 12 months ended July 10, 2013, plans to list under the symbol SEG but has yet to announce an exchange. Citi, Credit Suisse, Deutsche Bank, William Blair and Wells Fargo Securities are the joint bookrunners on the deal. No pricing terms were disclosed.