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Kroger, Albertsons Amend Divestiture Plan Related to Proposed Merger
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Kroger, Albertsons Amend Divestiture Plan Related to Proposed Merger
Apr 22, 2024 6:49 AM

09:15 AM EDT, 04/22/2024 (MT Newswires) -- Kroger ( KR ) and Albertsons ( ACI ) said Monday they have amended their divestiture plan in response to concerns raised by antitrust regulators in connection with their proposed merger.

The companies said that they amended their asset sale agreement with C&S Wholesale Grocers to increase the total store count by 166 to include 579 stores that will be sold to C&S.

They added that under the amended agreement, the Haggen banner will be sold by Kroger ( KR ) to C&S.

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