Bloomberg: Supervalu courts buyers
Go Deeper.
Create an account or log in to save stories.
Like this?
Thanks for liking this story! We have added it to a list of your favorite stories.
Potential buyers are expressing interest in parts of Supervalu, but the company's financial advisers are reportedly asking potential buyers to bid for the entire grocery company, according to a Bloomberg News report.
The Bloomberg report cites unidentified people with knowledge of the matter, but analysts think it may be difficult to find one buyer for the entire company, which has lost about $1 billion over the past year.
A Supervalu spokesman declined to comment. The struggling operator of Cub Foods and several other chains put itself up for sale last month.
Turn Up Your Support
MPR News helps you turn down the noise and build shared understanding. Turn up your support for this public resource and keep trusted journalism accessible to all.
Dear reader,
Your voice matters. And we want to hear it.
Will you help shape the future of Minnesota Public Radio by taking our short Listener Survey?
It only takes a few minutes, and your input helps us serve you better—whether it’s news, culture, or the conversations that matter most to Minnesotans.
