Crain's: Klaff Realty eyeing Supervalu's Jewel-Osco business
CHICAGO — Suitors are lining up to carve out divisions of Supervalu following the company's announcement last month that strategic divestitures were on the table as the Eden Prairie, Minn.-based grocer seeks to turn around its business performance. A Crain's report published Monday identified Klaff Realty as one of the first companies to express an interest, in this case the Jewel-Osco piece of the business.
According to the report, Jewel-Osco competitor Dominick's is also a likely suitor for that piece of Supervalu's portfolio. The report also noted that Kroger could benefit from acquiring parts of Supervalu.
For the full Crain's report, click here.