Mergers and acquisitions

Stores

Sprouts Farmers Market acquires 2 independently owned stores in California

The locations in Chula Vista had been operating under a one-of-a-kind licensing deal with the health-focused grocer for many years.

Kroger

‘Stop the Merger’ coalition takes aim at Kroger-Albertsons deal with website launch

NoGroceryMerger.com drums up diverse support against supermarket mega-merger.

The employee-owned grocer has entered into a purchase agreement to buy the independent grocery retailer that has served the Prague, Oklahoma, community for 45 years.

D.C. lobbying and legal powerhouse Squire Patton Boggs retained to help pull $24.6 billion Albertsons acquisition deal over the regulatory goal line.

The Scarborough, Maine-based grocer plans to operate the store under its banner beginning in May.

CEO Rodney McMullen reports that Albertsons merger negotiations with regulators are on track.

Arizona attorney general also launches investigation of $24.6 billion Kroger-Albertsons merger deal.

Owner Steve Grolmus, who is retiring after 45 years, said “now’s the time.” The Eldridge, Iowa, supermarket will transition to a Hy-Vee banner in early April, he said.

Working with the FTC, the supermarket giants are weighing potential buyers for some 250-300 locations, sources told Reuters.

Private lawsuit filed in federal court also aims to terminate the Albertsons’ $4 billion special dividend announced with $24.6 billion deal.

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