Grocery stores Kroger Co. and Albertsons Companies Inc. plan to sell 413 stores to C&S Wholesale Grocers for $1.9 billion in cash in an attempt to win antitrust approval from the Federal Trade Commission for their $24.6 billion merger, which the companies say is on track for an early 2024 close.
Mahira Dayal is an M&A Reporter at Bloomberg. She specializes in reporting on mergers and acquisitions, as well as the intricacies of Big Law, while also exploring topics related to startups, markets, TikTok, gaming, and Pinterest. Mahira's work has been featured in The Information, Bloomberg Law, and Documented.