UPDATE: Onex in Lead to Acquire SUPERVALU's (SVU) Save-A-Lot - Reuters

September 29, 2016 10:55 AM EDT

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(Updated - September 29, 2016 10:59 AM EDT)

Private equity firm Onex corp. made the best offer in an auction to acquire Supervalu's (NYSE: SVU) Save-A-Lot, according to Reuters, citing people familiar. The price couldn't be learned but Save-A-Lot could be valued at $1.8 billion, the report said.

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