Albertsons, Kroger will sell more stores to pacify regulators
Related Articles
-
Kroger, Albertsons to sell 166 more stores with $25B merger in limbo
Kroger and Albertsons said Monday the two companies are increasing the number of grocery stores they sell to C&S Wholesale Grocers to address federal regulators’ concerns about the impact of their proposed $25 billion merger on competition. An additional 166 Kroger and Albertsons stores will be sold to C&S as part of an updated divestiture […]
-
Kroger, Albertsons to sell 166 more stores with $25B merger in limbo
Kroger and Albertsons said Monday the two companies are increasing the number of grocery stores they sell to C&S Wholesale Grocers to address federal regulators' concerns about the impact of their proposed $25 billion merger on competition. An additional 166 Kroger and Albertsons stores will be sold to C&S as part of an updated divestiture agreement between the three companies. The original divestiture plan included the sale of 413 stores, as well as eight distribution centers, two offices and...
-
Kroger and Albertsons propose selling off more Illinois stores in bid for merger approval
Under federal scrutiny over their plans to merge, the grocery giants said Monday they will sell off about 20 more Illinois grocery stores than originally planned.