Onex closes Save-A-Lot buy

Onex Corp said Dec. 5 that it closed its buy of the Save-A-Lot business from Supervalu Inc for $1.365 billion in cash. Save-A-Lot is a hard-discount grocery retailer in the U.S. Onex Partners IV made an equity investment of $660 million, of which Onex' share was $186 million as a limited partner in the Fund.

DealsNorth AmericaUSBriefs