Monday, February 5, 2018

Kroger in $2.1 billion mega-deal

The Kroger Co. has sold its convenience store business.

The supermarket giant has entered into an agreement to sell its 762 convenience stores to EG Group, a privately-held convenience store retailer based in the United Kingdom for $2.15 billion. The deal is expected to close transaction during the first quarter of Kroger’s fiscal year.. . . more

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