IFLR1000

Onex $1.37 billion acquisition of Save-A-Lot

17/10/2016
Private acquisition
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$ 1.37 billion

Completed

17/10/2016

Overview:

  • Canadian private equity firm Onex has acquired US-based retailer Save-A-Lot in a $1.37 billion deal.
  • Save-A-Lot operates approximately 1,360 stores in the US, Caribbean, and Central America.
  • Onex purchased the chain from retail grocery network Supervalu.

Kurt Stumpo - Journalist

Jurisdictions:

Canada
United States

Deal type:

Private acquisition

Practice areas:

Private equity
M&A

Industry sector:

Consumer goods and services

Firms:
Latham & Watkins

Party: Onex (Acquirer)

Lawyers: Bradley Faris, Paul Sheridan Jr

Wachtell Lipton Rosen & Katz

Party: Supervalu (Seller)

Lawyer: Igor Kirman

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