Smart & Final sold to Apollo Management affiliate for $813.9 million

“Smart & Final Inc. has agreed to sell to an affiliate of Apollo Management LP for $22 a share in cash, the company said Tuesday… The Apollo affiliate has also entered a stock purchase agreement with Paris-based Casino Guichard-Perrachon, S.A. that owns about 55 percent of Smart & Final’s common stock… City of Commerce-based Smart & Final Inc. operates 254 non-membership warehouse stores for food and food-service supplies in California, Oregon, Washington, Arizona, Nevada, Idaho and northern Mexico.”