Supervalu files Form 10 for possible spinoff of Save-A-Lot
Supervalu Inc., Minneapolis, announced that it filed an initial Form 10 Registration Statement (Form 10) with the U.S. Securities and Exchange Commission in connection with the possible spinoff of its Save-A-Lot business into a separate publicly traded company.
Supervalu announced in July 2015 that it was exploring a separation of its Save-A-Lot business and that as part of that process, it had begun preparations to allow for that possibility. With the filing of the Form 10, Supervalu is continuing preparations to separate Save-A-Lot. At this time, the company said it will make no assurances that a separation or spinoff of Save-A-Lot will occur or that any other changes in the company’s overall operations will happen.