Coverage dated September 7, 2023 to September 8, 2023
Kroger, Albertsons to divest 413 stores
Headline from Arkansas Democrat-Gazette
Kroger and Albertsons will sell more than 400 stores and other assets for about $1.9 billion, seeking to clear a path for a merger with antitrust regulators reviewing a deal that would unify two of the nation's largest grocery chains.
Arkansas Democrat-Gazette's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Kroger and Albertsons will sell more than 400 stores and other assets for about $1.9 billion, seeking to clear a path for a merger with antitrust regulators reviewing a deal that would unify two of the nation’s largest grocery chains.
C&S will pay $1.9 billion in cash for the stores, which are mostly located in the West and middle of the country, the companies said in a statement Friday.
Kroger and Albertsons will sell more than 400 stores and other assets for about $1.9 billion, seeking to clear a path for a merger with antitrust regulators reviewing a deal that would unify two of the nation's largest grocery chains.
More than 100 Kroger and Albertsons locations, which operate under the Safeway, Albertsons, QFC and Fred Meyer brands could be sold to C&S as part of a merger.
New York (CNN) — Kroger and Albertsons are selling roughly 400 stores to Piggly Wiggly’s parent company in an attempt to win antitrust approval for the mega merger between the grocery stores. C&S Wholesale Grocers will pay $1.
Grocery giants Kroger and Albertsons – the respective parent companies of King Soopers and Safeway – are reportedly in the midst of negotiating an almost $2 billion deal with C&S Wholesale Grocers and SoftBank Group...
The plan is to sell 413 stores in 17 states and the District of Columbia to New Hampshire-based C&S Wholesale Grocers, the companies said in a news release.
A big shake-up is headed for grocery shoppers as Kroger – the company in charge of Oregon’s Fred Meyer and QFC stores – and Albertsons announced their plan to sell hundreds of grocery stores both l…
Kroger and Albertsons will sell more than 400 stores and other assets for about $1.9 billion, seeking to clear a path for a merger with antitrust regulators reviewing a deal that would unify two of the nation's largest grocery chains.
The sale is to Keene, N.H.-based C&S Wholesale Grocers, which supplies more than 7,500 independent grocers and has distribution centers in Dallas and Houston.
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