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  /  All News   /  Kroger Agrees To Acquire Giant Eagle For $1.65B

Kroger Agrees To Acquire Giant Eagle For $1.65B

Supermarket giant Kroger announced a $1.65B deal to acquire Pennsylvania-based grocery chain Giant Eagle, just 18 months after its $25B megamerger with Albertsons fell apart. 
Kroger’s acquisition price includes $1.25B in cash considerations and the assumption of roughly $400M in outstanding liabilities. The company’s board of directors unanimously approved the deal.​  

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