WESTBOROUGH, Mass. — A private-equity group has completed its previously announced acquisition of BJ's Wholesale Club here, the retailer said Friday. Beacon Holding, an affiliate of Leonard Green & Partners, and funds advised by CVC Capital Partners, paid $51.25 per share in cash, or about $2.8 billion, for the membership-club operator. The transaction, formally announced in June, had been approved by BJ's stockholders at a special meeting on Sept. 9. BJ's common ...
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.