Supervalu divesting Save-A-Lot

Date : 17 October 2016
Supervalu is divesting its hard discount chain, Save-A-Lot, to Canadian private equity group, Onex Corp., in a $1.4bn deal. Five-year services agreement to underpin deal Supervalu initially announced in July 2015 that it was looking to spin-off Save-A-Lot into a separate company, since when…
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