POTENTIAL DEAL DETAILS
|Date of Confirmation:||07/26/2018||Price at Confirmation:||$32.17|
|Potential Profit:||92.06%||Annualized Profit:||302.72%|
U.S. supermarket operator Supervalu Inc (SVU) is exploring a potential sale following pressure from activist shareholders, including Blackwells Capital LLC, a person familiar with the matter said on Friday.
July 26, 2018: United Natural Foods, Inc. (UNFI) and SUPERVALU INC. (SVU) today announced that they have entered into a definitive agreement under which UNFI (UNFI) will acquire SUPERVALU (SVU) for $32.50 per share in cash, or approximately $2.9 billion, including the assumption of outstanding debt and liabilities.
Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.