trending Market Intelligence /marketintelligence/en/news-insights/trending/wcwio_n9VUSXnCQLBEYPUQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Report: Apollo weighs sale of Smart & Final warehouse store business

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible


Report: Apollo weighs sale of Smart & Final warehouse store business

Apollo Global Management Inc. is looking to sell Smart & Final Foodservice, the warehouse store business of its recently acquired U.S. food retailing company Smart & Final Stores Inc., for more than $1 billion, including debt, Reuters reported, citing people familiar with the matter, who added that the sale would exclude the company's discount grocery store business.

Investment banks Credit Suisse Group AG and Deutsche Bank AG were tapped to run an auction for the division, Reuters said, citing its sources.

Smart & Final Foodservice reported EBITDA for the 2019 financial year of over $80 million.

Apollo, Credit Suisse and Smart & Final declined to comment, and Deutsche Bank did not respond to a request for comment by Reuters.