Kroger, Albertsons agree to sell more stores to ease regulators
In February, the U.S. Federal Trade Commission sued to block the $24.6 billion merger between the grocery giants
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In February, the U.S. Federal Trade Commission sued to block the $24.6 billion merger between the grocery giants
Kroger and Albertsons Cos have amended the asset sale agreement with C&S Wholesale Grocers to get regulatory nod for their proposed merger.
The amended divestiture plan adds stores, facilities and banner names to enhance competition in overlap geographies and to address regulator concerns.
Amended Divestiture Plan Adds Stores, Facilities and Banner Names to Enhance Competition in Overlap Geographies and to Address Regulator Concerns CINCINNATI, April 22, 2024 /PRNewswire/ -- The...
The companies now plan to sell 579 Kroger and Albertsons stores in markets where they overlap to C&S Wholesale Grocers.