Albertsons & Kroger $24.6B Mega-Merger | Grocery Giant
Albertsons Companies and Kroger Co. announced a definitive agreement on October 14, 2022 to merge the two companies, creating a combined supermarket behemoth with an eye-popping $24.6 billion enterprise value. The Deal Details Under the terms of the deal, Albertsons shareholders will receive an estimated $27.9 billion in cash, stock, and Albertsons’ remaining outstanding debt. … Read more