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ACI Albertsons Companies Inc

20.13
0.22 (1.10%)
27 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Albertsons Companies Inc NYSE:ACI NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.22 1.10% 20.13 20.17 19.885 19.90 1,553,317 01:00:00

C&S, SoftBank Eye Stores Being Sold by Kroger, Albertsons, Bloomberg Reports

06/09/2023 2:50am

Dow Jones News


Albertsons Companies (NYSE:ACI)
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From Apr 2023 to Apr 2024

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--C&S Wholesale Grocers and SoftBank Group are in talks to acquire most or all of the grocery stores that retailers Kroger and Albertsons are selling to help clear the path for their planned $25 billion merger, Bloomberg reports, citing unnamed sources.

--C&S has partnered with Japan's SoftBank for the transaction, which could be announced as soon as this week, the report said.

--Unloading of the stores is aimed at addressing antitrust concerns hanging over the Kroger-Albertsons deal, which the two grocery chains aim to close in early 2024, Bloomberg said.

 

Full story: bloom.bg/3Z8ubbi

 

Write to Singapore Editors at singaporeeditors@dowjones.com

 

(END) Dow Jones Newswires

September 05, 2023 21:35 ET (01:35 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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