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Kroger announces plan to buy new chain after failed Albertsons acquisition
Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleGrocery store giant Kroger announced its acquisition of competitor Giant Eagle for $1.65 billion. Giant Eagle, founded in 1931, operates 197 supermarkets and 11 standalone pharmacies across Ohio, Pennsylvania, West Virginia, Maryland, and Indiana. Kroger's CEO, Greg Foran, stated the acquisition will expand their reach into attractive adjacent markets and leverage Giant Eagle's strong reputation for fresh products and customer loyalty. Both companies anticipate divesting a limited number of Giant Eagle stores to obtain the necessary regulatory clearance for the transaction. Kroger's board of directors has approved the deal, which is expected to close in 2027, following Kroger's failed $25 billion merger plan with Albertsons in 2024. In fullKroger to buy Giant Eagle in $1.65 billion dealThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
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apnews.com
Kroger buying regional grocer and pharmacy retailer Giant Eagle in deal valued at $1.65 billion
Kroger is buying regional grocer and pharmacy retailer Giant Eagle in a deal valued at $1.65 billion.
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cnbc.com
Kroger to buy grocer Giant Eagle in $1.65 billion deal as competition heats up
Kroger said on Wednesday it would buy supermarket chain Giant Eagle in a $1.65 billion deal, as it looks to scale amid intense competition.
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abcnews.com
Kroger buying regional grocer and pharmacy retailer Giant Eagle in $1.65 billion deal
Kroger is buying regional grocer and pharmacy retailer Giant Eagle in a deal valued at $1.65 billion
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independent.co.uk
Kroger to buy grocery store chain in $1.65 billion mega deal
Giant Eagle has more than 200 stores throughout western Pennsylvania, north central Ohio, northern West Virginia, Maryland and Indiana
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Kroger announces plan to buy new chain after failed Albertsons acquisition
Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or…
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upi.com
Kroger reaches $1.65B deal to purchase Giant Eagle - UPI.com
Grocery chain Kroger announced Wednesday it has reached a $1.65 billion agreement to acquire Giant Eagle's 197 stores and 11 standalone pharmacies.
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benzinga.com
What's Going on With Kroger Stock Wednesday? - Kroger (NYSE:KR)
Kroger to acquire Giant Eagle for $1.65B to expand its grocery and pharmacy footprint. Transaction expected to close in 2027.
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Kroger and Giant Eagle are merging: Here’s what it means for shoppers
A $1.25 billion merger will potentially grow Kroger’s footprint by 7 percent
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modernretail.co
Kroger is back in growth mode with Giant Eagle acquisition
Kroger announced that it would buy Giant Eagle for just under $1.7 billion, a signal of the grocer's urgency to boost its footprint.