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Kroger and Albertsons agree to $20 billion mega-merger

Por: New York Daily News Nation October 14, 2022

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They’re gonna need two carts. Kroger agreed to purchase fellow grocery store giant Albertsons for $20 billion in a mega-merger expected to draw government scrutiny. The two companies announced the deal Friday, with Kroger also agreeing to gobble up $4.7 billion in Albertsons debt. If approved by the federal government, the deal would unite the nation’s second-largest grocery company (Kroger) and fourth-largest (Albertsons) under one... + full article



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