Greenhill & Co, the New York-based adviser that jumped over 10 places in the US mergers and acquisitions rankings last year, has kicked off 2013 with a $3bn-plus advisory mandate.

Supervalu, the distressed US supermarket chain, said in a statement yesterday that it has agreed to sell five chains of stores and related in-store pharmacies for $3.3bn to an investor consortium led by private equity firm Cerberus Capital Management.