UPDATE 2-Supervalu to sell Save-A-Lot to Canada's Onex for $1.37 billion
October 17, 2016 at 10:22 AM EDT
Oct 17 (Reuters) - Food retailer and wholesaler Supervalu Inc said it will sell its Save-A-Lot business to Canadian private equity firm Onex Corp for $1.37 billion rather than spinning off the discount grocery chain as previously planned, the companies said on Monday.