CRYSTAL CITY, Va. — Discount grocer Lidl is acquiring six Shoppers Food & Pharmacy stores from United Natural Foods Inc. following an announcement that UNFI reached deals to sell 13 of its 43 Shoppers Food & Pharmacy stores to three grocery operators. Other Shoppers Food & Pharmacy stores in Maryland have been purchased in Waldorf
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:
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
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
MINNEAPOLIS — Supervalu Inc. has agreed to be acquired by United Natural Foods Inc. (UNFI) for $32.50 per share in cash, or approximately $1.3 billion in cash plus the assumption of outstanding debt and liabilities. The transaction, which has been approved by the boards of directors of both companies, is valued at about $2.9 billion
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