The Kroger Co
KR: XNYS (USA)
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Kroger: Giant Eagle Acquisition Should Support Regional Strategy; Shares Fairly Valued
Kroger has reached an agreement to acquire food and pharmacy retailer Giant Eagle for $1.65 billion in cash, expected to close in 2027. The transaction adds 197 supermarkets, 11 pharmacies, and roughly $9 billion in annual sales across Ohio, Pennsylvania, West Virginia, Maryland, and Indiana.
