STELLARTON, NS, Feb. 13, 2014 /CNW/ - Sobeys Inc. today announced that binding purchase and sale agreements have been entered into with Overwaitea Food Group ("Overwaitea") and Federated Co-operatives Limited on behalf of the Co-operative Retailing System ("Co-op"), that will see Sobeys sell 22 of the 23 stores it is required to divest as part of its October, 2013 Consent Agreement with the Competition Bureau related to its purchase of Canada Safeway. Additionally, Sobeys has signed a binding letter of intent with another retailer for the sale of its Price Chopper location in Winnipeg, which the company is also required to divest as part of its October Consent Agreement.