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United Natural Foods Inc.

GIANT Food gets okay to buy Shop ‘n Save stores

GIANT Food gets okay to buy Shop ‘n Save stores

CARLISLE, Pa., — GIANT Food Stores said Monday that its planned acquisition of five Shop ‘n Save stores has been approved by the Federal Trade Commission. GIANT Food, a unit of Ahold Delhaize USA, agreed to buy the stores from United Natural Foods Inc.’s Supervalu subsidiary on November 6. The stores involved in the sale are:

UNFI sues Goldman Sachs and related parties

UNFI sues Goldman Sachs and related parties

PROVIDENCE, R.I. — United Natural Foods Inc. (UNFI) has filed a lawsuit against Goldman Sachs Group Inc. and others, alleging improper conduct by the financial advisors that were retained to advise the food wholesaler on its bid to acquire Supervalu Inc. The lawsuit, filed in the Supreme Court of the State of New York, seeks

UNFI completes acquisition of Supervalu

UNFI completes acquisition of Supervalu

PROVIDENCE, R.I. — United Natural Foods Inc. announced today it has completed its $2.9 billion acquisition of Supervalu Inc. “Today is an important milestone for UNFI,” Steve Spinner, chairman and chief executive officer of UNFI, said in a statement. “We will take the best from both businesses to create North America’s premier food wholesaler with

United Natural Foods to acquire Supervalu

United Natural Foods to acquire Supervalu

PROVIDENCE, R.I. — United Natural Foods Inc. has agreed to acquire Minneapolis-based wholesaler and retailer Supervalu Inc. The deal is valued at about $2.9 billion, including the assumption of outstanding debt and liabilities. UNFI says the transaction represents an opportunity to diversify its customer base and expand its market reach and scale. The company said