SuperValu selling Save-A-Lot

Our partners at the Business Journal say Supervalu has agreed to sell Save-A-Lot-- one of its Earth City-based grocery chains, for nearly $1.4 billion.

Our partners at the St. Louis Business Journal say SuperValu has agreed to sell Save-A-Lot, one of its Earth City-based grocery chains, for nearly $1.4 billion.

It will be sold to Canadian-based Onex Corporation.

Supervalu says the deal is expected to close by January 31 of next year, subject to regulatory approvals.

No word on what this will mean for workers. 


JOIN THE CONVERSATION

To find out more about Facebook commenting please read the
Conversation Guidelines and FAQs

Leave a Comment