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Tag: Save-A-Lot business

SUPERVALU finalized the sale of its Save-A-Lot business to Onex Corporation for $1.365 billion in cash

EDEN PRAIRIE, Minn., 2016-Dec-07 — /EPR Retail News/ — SUPERVALU INC. (NYSE: SVU) today (Dec. 5, 2016) announced it has finalized the sale of its Save-A-Lot business to an affiliate of Onex Corporation (TSX: ONEX) for $1.365 billion in cash, subject to customary closing adjustments. With the sale of Save-A-Lot, SUPERVALU is now a more…

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SUPERVALU to sell Save-A-Lot business to Onex Corporation for $1.365 billion in cash

MINNEAPOLIS, 2016-Oct-19 — /EPR Retail News/ — SUPERVALU INC. (NYSE:SVU) today (Oct. 17, 2016) announced that it has entered into a definitive agreement whereby an affiliate of Onex Corporation (TSX:OCX) will acquire SUPERVALU’s Save-A-Lot business for$1.365 billion in cash, subject to customary closing adjustments. In connection with the sale, SUPERVALU and Save-A-Lot will enter into a…

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