Kroger Co in talks to buy Albertsons, reveals Bloomberg - Part 2

Kroger's $25 billion purchased of smaller US rival Albertsons doesn't appear to have gone down too well with the latter's investors.

Shares in Albertsons are down amost 8pc despite the confirmation that Kroger is paying $34.10 a share for grocer. Below is the link to the press release in case you haven't seen it:..

Register

Register for free to see rest of this article and all public articles from Betaville

Login / Register
Date: Friday, 14 October 2022, 8:08 pm

[Disclaimer - the information on Betaville does not consitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions].

Login to join the conversation