BIRMINGHAM, Ala. -- The acquisition of Bruno's here by a unit of Kohlberg Kravis Roberts & Co., New York, was temporarily delayed because of questions that arose during KKR's due diligence review of the chain. Neither company was willing to discuss what issues had caused KKR to extend the review period, and it was unclear late last week whether the extension signaled a short-term delay in the acquisition process or a total collapse of the deal. KKR agreed last month to acquire Bruno's ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess 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’sFREE, 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.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.