Kroger and Albertsons sell hundreds of stores in a bid to clear merger of the 2 largest US groceries

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Grocers Kroger and Albertsons are selling more than 400 stores and other assets to C&S Wholesale Grocers in an approximately $1.9 billion deal as part of their efforts to complete their merger.

In Arizona, 24 Albertsons stores will be sold. It is currently unknown which locations will be sold.

Kroger will also divest the Debi Lilly Design, Primo Taglio, Open Nature, ReadyMeals and Waterfront Bistro private label brands.Seven secretaries of state, including Arizona's, had urged the FTC to reject the deal between Kroger and Albertsons. In August, Attorney General Kris Mayes sought public comment to decide if she should try to stop the merger.

 

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مصدر: ksatnews - 🏆 442. / 53 اقرأ أكثر »

Kroger and Albertsons sell hundreds of stores in a bid to clear merger of the 2 largest US groceriesGrocers Kroger and Albertsons are selling more than 400 stores and other assets to C&S Wholesale Grocers in an approximately $1.9 billion deal as part of their efforts to complete their merger.
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