| Home Page : Archive News : January 2013 News : Supervalue sells Jewel-Osc to Cerebrus group | |
Supervalue sells Jewel-Osc to Cerebrus group | |
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January 10, 2013 Supervalu Inc. says it reached a deal to sell five of its biggest grocery chains — Albertsons, Acme, Jewel-Osco, Shaw's and Star Market — for $100 million in cash plus more than $3 billion in debt. The sale to AB Acquisition, an investor group led by Cerberus Capital Management, will include 877 stores. The group will acquire the stores for $100 million in cash, and the new company... Source: http://www.dailyherald.com/article/20130110/business/701109884/ |
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