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 ...
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