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Mexican grocer Grupo Comercial Chedraui to buy Smart & Final Holdings in $620 mln deal

By Reuters Staff 2 Min Read May 13 (Reuters) - Grupo Comercial Chedraui said on Thursday its unit would buy warehouse store business Smart & Final Holdings Inc for $620 million, including debt, as the Mexican grocer looks to expand its footprint in the United States. Private equity firm Apollo Global Management Inc is selling Smart & Final to Grupo Comercial Chedraui’s (GCC) subsidiary Bodega Latina Corp. The deal is expected to close in the second or the third quarter, pending U.S. and Mexic...
United States Grupo Comercial Chedraui Arunima Kumar Thomson Reuters Trust Principles Smart Final Holdings Inc Us Foods Holding Corp

Smart & Final Launches Fundraising Campaign

Smart & Final Charitable Foundation will host an in-store fundraising campaign March 3-16 to support local community nonprofits. Smart & Final is kicking off a fundraising campaign on March 3 at all 254 of its locations to support the Smart & Final Charitable Foundation. The fundraiser will benefit thousands of local organizations in California, Arizona and Nevada that support the foundation’s five pillars of focus: health and wellness, education, hunger relief, team sports and yout...
United States Tinamarie Squieri Smart Final Charitable Foundation Caterina Club Final Charitable Final Charitable Foundation

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