WINCO TO ACQUIRE SUPERVALU'S MINORITY INTEREST id it has agreed to sell its minority stake in WinCo Foods here back to the company. The total transaction price was not disclosed, but Supervalu said it would net $150 million after taxes from the transaction and would realize a net gain of 40 cents per share in fiscal 2005. It said it would use the proceeds to pay down debt. Supervalu told SN it owned less than 30% of WinCo. WinCo, which operates about 40 stores in the Pacific Northwest, ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick.  What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
 

Click here to read the FAQ page if you have any questions (opens in a new window)
 

Attention Paid Print Subscribers:  While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.