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Market
Top States for Store Divestitures by Kroger-Albertsons by End of 2024
4
Resolution / Starting Odds
Illinois • 20%
California • 20%
Texas • 20%
Nevada • 20%
Other • 20%
Official company announcements and business news coverage
Story
Kroger, Albertsons to Divest 579 Stores for $25B Merger Approval
Apr 22, 2024, 08:27 PM
Kroger and Albertsons have amended their asset sale agreement with C&S Wholesale Grocers, increasing the number of stores to be divested to 579 for $2.9 billion in an effort to gain regulatory approval for their proposed $25 billion merger. The divestiture includes selling 166 additional stores, with specific adjustments in markets where the two companies overlap, such as selling 20 more stores in Illinois and details about the Nevada store, to address antitrust concerns. This strategic move aims to make the merger more appealing to federal antitrust regulators.
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Similar markets
All planned stores divested • 25%
More than planned stores divested • 25%
Less than planned stores divested • 25%
Divestiture plan revised • 25%
Approved in all key states • 25%
Approved in some states • 25%
Blocked in key states • 25%
Pending in most states • 25%
Increased Market Share • 50%
Decreased Market Share • 50%
C&S Wholesale Grocers • 33%
Kroger • 33%
Albertsons • 34%
Texas • 20%
Florida • 20%
California • 20%
New York • 20%
Illinois • 20%
Texas • 20%
California • 20%
Florida • 20%
New York • 20%
Illinois • 20%