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Kroger and Albertsons supermarkets will sell more than 400 stores to C&S Wholesale Grocers for nearly $2 billion as part of their proposed $25 billion merger, the companies announced on Friday.
In addition to the 579 stores Kroger-Albertsons plans to sell off across the U.S., they also plan to close six distribution centers and one plant.
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.
Albertsons: While not quite as dramatic as the Kroger CEO departure, Albertsons also made news with its own leadership change ...
They just need to shed nearly 600 stores before getting antitrust approval to do so. Cincinnati-based Kroger and Boise, Idaho-based Albertsons plan to sell 579 brick-and-mortar locations to C&S ...
To allay concerns about maintaining competition after the merger, Kroger has agreed to sell 579 stores for $2.9 billion to C&S Wholesale upon completing the Albertsons deal. Currently, the grocery ...
The announcement comes six months after Kroger's plans to merge with Albertsons collapsed, leading to an ongoing legal battle ...
Kroger and Albertsons released a list Tuesday of 579 stores that would be sold, with 91 of those in Colorado — the third most of any state, trailing only Washington and Arizona.
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, Friday ...
Kroger is seeking to buy Albertsons and Safeway supermarkets in a proposed $24.6 billion purchase. But to allay monopoly concerns, assuming the deal goes through, Kroger has vowed to sell nearly ...
PORTLAND, Ore. (KOIN) — As part of an attempt to successfully merge companies, Kroger-Albertsons is planning to sell off hundreds of grocery stores across the U.S. to C&S Wholesale Grocers ...
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