BER Berkley W R Cp

Berkshire Partners LLC is shopping Grocery Outlet, a California-based bargain retailer, and has hired Barclays PLC (BCS) and Goldman Sachs Group Inc. (GS) to handle the process, Reuters reported Monday on its website, citing people familiar with the matter.

A sale of the retailer is expected to fetch its private equity owner more than $1 billion.

Full story at: www.reuters.com/article/2014/06/16/groceryoutlet-sale-idUSL2N0OU0TU20140616?feedType=RSS&feedName=marketsNews

Write to nymonitoring@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires