Apollo Management to Buy Smart & Final

LOS ANGELES -- Smart & Final here said yesterday that it has agreed to be acquired by an affiliate of private-equity firm Apollo Management for about $812.9 million, including debt.

LOS ANGELES -- Smart & Final here said yesterday that it has agreed to be acquired by an affiliate of private-equity firm Apollo Management for about $812.9 million, including debt. Purchase, N.Y.-based Apollo said it would pay $22 per share for the chain, including the 55% of Smart & Final that is owned by French retail concern Groupe Casino. Smart & Final, which operates a hybrid warehouse club/supermarket format, had said last year it was exploring strategic al

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