Kroger and albertsons companies announce comprehensive divestiture plan with c&s wholesale grocers, llc in connection with proposed merger

Plan marks key step in merger process both the kroger and albertsons cos. combination and the divestiture sale to c&s will create meaningful and measurable benefits for associates, customers and communities agreement with c&s includes sale of 413 stores, 8 distribution centers, 2 offices and 5 private label brands across 17 states and the district of columbia extending a well-capitalized competitor into new geographies agreement includes sale of the qfc, mariano's and carrs brand names and the exclusive licensing rights to the albertsons brand name in arizona, california, colorado and wyoming c&s, an industry leader in wholesale grocery supply and one of the largest privately held companies in the united states, brings 104 years of food industry experience and a track record as a successful grocery retailer  c&s agrees to maintain collective bargaining agreements, securing the future of union jobs merger remains on track to close in early 2024, subject to regulatory clearance and other closing conditions cincinnati and boise, idaho , sept.
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