date:Aug 21, 2013
The Jacksonville, Florida-based company has hired Citigroup Inc (C.N), Credit Suisse AG (CSGN.VX) and Deutsche Bank AG (DBKGn.DE), the sources said.
Bi-Lo and Credit Suisse could not be reached immediately for comment. Citigroup and Deutsche Bank declined to comment.
Founded in 1961, Bi-Lo operates 206 grocery stores throughout the southern United States under its own banner. The company has been aggressively expanding its footprint in the last several years.
In late 2011, it bought supermark