NewsSA: Kroger reportedly in talks to buy Albertsons in deal valued at about $25bn

October 14, 2022by 0

SEEKING ALPHA reports:

– Kroger (NYSE:KR) is said to be in talks to purchase small supermarket rival Albertsons (NYSE:ACI) for about $25 billion.
– Kroger (KR) is expected to pay cash and stock for Albertsons (ACI) in a deal that may be reached Thursday evening, according to a Bloomberg report. The exact price and structure of the deal weren’t known.
– Bloomberg earlier Thursday reported news of the transaction, though without giving any details on the …

The post SA: Kroger reportedly in talks to buy Albertsons in deal valued at about $25bn appeared first on The Loadstar.

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