NEW YORK — Cerberus Capital Management here is close to an agreement on the acquisition of certain parts of Supervalu, the Wall Street Journal reported Friday. Under terms of the tentative deal, Cerberus, which owns Albertsons LLC, would invest $500 million for a piece of Minneapolis-based Supervalu’s diverse portfolio of assets, and would also get a stake in Supervalu, which would remain public. It was not clear what assets Cerberus would acquire, although previous reports ...
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.