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Latest Headlines | Kroger, Albertsons — still hoping to merge — agree to sell more stores to satisfy
Posted
April 22, 2024
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April 22, 2024
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8:01Now PlayingSupermarket chains Kroger and Albertsons said Monday they will sell more of their stores in an effort to quell the federal government’s concerns about their proposed merger.
The companies now plan to sell 579 Kroger and Albertsons stores in markets where they overlap to C&S Wholesale Grocers, a New Hampshire grocery supplier and operator, for $2.9 billion. Under the initial divestiture plan, announced in September, C&S had planned to purchase 413 stores for $1.9 billion.
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