financial year. Sales of Subsidiaries/Interests 1998 Empire sells 38% of Sobeys, putting it out on the public stock exchange. 2000 Empire sells its 25% stake in Hannaford Bros Co for $1.03 billion. March 2002 Empire sells Serca Foodservice to SYSCO for $411 million. June 2005 When Wajax became an income trust, Empire sold 2.875 million shares for $50.8 million. 2006 Empire sells 44 properties to Crombie REIT. April 2008 Empire sells another 61 properties to Crombie REIT 2011 Empire sells its remaining share of Wajax. June 2013 Empire announces the sale of Empire Theatres to Cineplex Entertainment and Landmark Cinemas. The aggregate gross purchase price paid to Empire Theatres in the two transactions was approximately $248 million in cash. October 2013 Sale of Empire Theatres to Cineplex and Landmark is complete. August 2013 Sobeys sells the land of 68 Safeway locations to Crombie REIT for $900 million. Oct/Nov/Dec 2013 Sobeys announces the planned sale of 23 of its stores in Alberta in preparation to the Safeway acquisition; this move was required in order to satisfy the Competition Bureau. References External links Official site Companies listed on the Toronto Stock Exchange Companies based in Nova Scotia Conglomerate companies of Canada Conglomerate companies established in 1963 1963 establishments in Nova Scotia