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United States

Supervalu Inc (SVU.N)

SVU.N on New York Stock Exchange

4.21USD
20 Jan 2017
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Wed, Jan 11 2017

BRIEF-Supervalu reports Q3 loss per share $0.04 from continuing operations

* Q3 adjusted earnings per share $0.05 from continuing operations

BRIEF-Supervalu Q2 adjusted earnings per share $0.10 from continuing operations

* Q2 earnings per share view $0.10 -- Thomson Reuters I/B/E/S

UPDATE 2-Supervalu to sell Save-A-Lot to Canada's Onex for $1.37 billion

Oct 17 Food retailer and wholesaler Supervalu Inc said it will sell its Save-A-Lot business to Canadian private equity firm Onex Corp for $1.37 billion rather than spinning off the discount grocery chain as previously planned, the companies said on Monday.

Supervalu to sell Save-A-Lot to Canada's Onex for $1.37 billion

Supervalu Inc said it would sell its Save-A-Lot business to Canadian private equity firm Onex Corp for $1.37 billion, more than a year after making public plans to spin off the discount grocery chain.

BRIEF-Supervalu reports sale of Save-A-Lot business for $1.365 billion

* Supervalu Inc - expects to use net proceeds from sale to prepay at least $750 million against its outstanding term loan balance

Supervalu to sell Save-A-Lot to Canada's Onex for $1.37 bln

Oct 17 Supervalu Inc said it would sell its Save-A-Lot business to Canadian private equity firm Onex Corp for $1.37 billion, more than a year after saying it was considering a spinoff of the discount grocery chain.

BRIEF-Onex to acquire Save-A-Lot

* Agreed to acquire Save-A-Lot business ("save-a-lot") from Supervalu Inc. ("supervalu") for $1.365 billion

Exclusive: Buyout firm Onex in the lead to acquire Save-A-Lot - sources

Private equity firm Onex Corp has made the best acquisition offer in an auction for Save-A-Lot, the discount grocery U.S. retail chain that Supervalu Inc has been considering divesting, according to people familiar with the matter.

EXCLUSIVE-Buyout firm Onex in the lead to acquire Save-A-Lot -sources

Sept 29 Private equity firm Onex Corp has made the best acquisition offer in an auction for Save-A-Lot, the discount grocery U.S. retail chain that Supervalu Inc has been considering divesting, according to people familiar with the matter.

BRIEF-Supervalu comments on full year outlook

* Supervalu inc says full year adjusted EBITDA is now expected to be approximately 5.0% lower than last year

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