Kroger-Albertsons: US$24.6 billion merger to create a customer data giant

Featured image of the article Kroger-Albertsons: US$24.6 billion merger to create a customer data giant

An article by Sophie Baqué

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Publication

24 October 2022 à 12h33

Updated on 2 November 2022 à 12h52

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2 minutes

Publication: 24 October 2022 à 12h33, Updated on 2 November 2022 à 12h52

Reading time: 2 minutes

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In the U.S.A., the food retailer Kroger announced the purchase of competitor Albertsons on 14th October 2022. While this deal looks defensive in the short term, it is also offensive in the long term.

An article by Sophie Baqué

Add mind Retail to your sources
Publication

24 October 2022 à 12h33

Updated on 2 November 2022 à 12h52

Reading time

2 minutes

Publication: 24 October 2022 à 12h33, Updated on 2 November 2022 à 12h52

Reading time: 2 minutes

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In the U.S.A., the No. 2 food company Kroger announced the purchase of competitor Albertsons on 14th October 2022. This major transaction, worth US$24.6 billion (including debt of US$4.7 billion), is subject to regulatory review by Federal antitrust authorities.

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Article authors
Featured image of the article Sophie Baqué
Sophie Baqué Chief Editor of mind Retail
Featured image of the article Sophie Baqué
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