Supervalu Said to Attract Burkle, KKR and TPG

Lock
This article is for subscribers only.

Supervalu Inc., the U.S. grocery chain that’s examining strategic options, has attracted interest from billionaire Ronald Burkle and buyout firms KKR & Co. and TPG Capital, said people with knowledge of the matter.

Burkle and the private-equity firms are looking at parts of Supervalu rather than the whole, said the people, who asked not to be named as the process is private. Cerberus Capital Management LP also has looked at some of Supervalu’s assets, said one person.