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The Wall Street Journal reports that Supervalu, in an effort to get rid off non-core assets, plans to sell 107 fuel centers carrying the Albertsons, Cub Foods, Hornbacher's and Jewel-Osco banners.

According to the story, “Among the buyers of the fuel centers, Tesoro Corp. will purchase 51 Albertsons fuel centers, Alimentation Couche-Tard Inc. will buy 27 Jewel-Osco centers, Holiday Stationstores will purchase 15 fuel centers and Stinker will purchase 14 Albertsons fuel centers.” The sales leave Supervalu with 27 fuel centers, for which it says it is looking for buyers.

Supervalu said in a prepared statement that “the transactions, expected to be finalized this fall, will allow Supervalu to monetize non-core assets, creating capital that the company can use to further strengthen its business. The transactions also include partnership opportunities that will result in Supervalu continuing to have the ability to offer fuel rewards programs to its customers through these existing fuel centers, and in most markets, through an expanded network of fuel centers.”
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