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Kroger buys Albertsons for $24.6 billion to mixed reactions

By Jenny Goldsberry
Published October 14, 2022 2:42pm ET
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Kroger buys Albertsons for $24.6 billion to mixed reactions
Kroger announced Friday that it is buying the Albertsons grocery chain for $24.6 billion. The merger comes at a cost of $34.10 per share, which is a 19% premium according to a press release. As a result, the company will have 710,000 associates, 4,996 stores, 66 distribution centers, 52 manufacturing plants, 3,972 pharmacies, and 2,015 […]


Kroger announced Friday that it is buying the Albertsons grocery chain for $24.6 billion.

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Food and Beverage Inflation Mergers and Acquisitions Retail