Cerberus Group to Buy Supervalu Chains in $3.3 Billion Deal

Cerberus Group to Buy Supervalu Chains in $3.3 Billion Deal

Matthew Staver/Bloomberg

A Cerberus Capital Management LP-led investor group agreed to acquire Supervalu Inc.’s Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market grocery stores in a transaction valued at about $3.3 billion.