Kroger, Albertsons In Talks to Sell Stores to C&S, SoftBank
Kroger Co. and Albertsons Cos. are selling some of their stores in an effort to win regulatory approval for their $25 billion merger, according to people familiar with the matter.
September 7, 2023Kroger, Albertsons CEOs Give Details on Proposed Merger
Kroger CEO Rodney McMullen and Albertsons CEO Vivek Sankaran made a number of pledges to their customers and employees if their proposed grocery merger prevails.
Kroger-Albertsons Merger Draws Protest From State Officials
The proposed merger of food retail giants Kroger and Albertsons has elicited criticism from seven secretaries of state.
Kroger CEO Vows Legal Fight for Albertsons Deal if Necessary
Kroger Co. said it’s committed to hunkering down for a long legal battle if U.S. regulators attempt to block its $24.6 billion acquisition of Albertsons Cos.
Albertsons Eyes Higher Wages, Tougher Consumer Backdrop
Albertsons Cos. is anticipating higher labor costs and “a more difficult consumer environment” in a new sign of caution from big U.S. retailers.
Kroger, Albertsons CEOs Face Senate Questions Over Merger
Senators pressed the CEOs of Kroger Co. and Albertsons Cos. on Nov. 29 about whether their proposed $24.6 billion deal to create a supermarket giant will benefit consumers in an era of rising inflation.
Senate Antitrust Panel Plans Hearing on Kroger-Albertsons Deal
The Senate plans to hold a hearing in November on Kroger Co.’s planned $24.6 billion takeover of Albertsons Cos.
Kroger, Albertsons to Merge in Bid to Create Grocery Giant
Two of the nation’s largest grocers have agreed to merge as Kroger on Oct. 14 bid $20 billion for Albertsons Companies Inc., or $34.10 per share.
Kroger Eyes Merger With Albertsons
Kroger Co. is in talks about a tie-up with rival Albertsons Cos. in a deal that would create a U.S. grocery giant, people familiar with the matter said.
October 13, 2022