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Rival grocery giants Kroger and Albertsons team up in $24.6 billion deal

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Fri, 14 Oct 22 2:15 PM | 50 view(s)
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Rival grocery giants Kroger and Albertsons team up in $24.6 billion deal
The companies said Kroger agreed to buy Albertsons for $34.10 a share in a deal valued at $24.6 billion.

Kroger is the second largest grocer by market share in the United States, behind Walmart, and Albertsons is fourth, after Costco. Together, Kroger and Albertsons would be a closer second to Walmart.


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