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The Nexus
BUSINESSJul 1 · 12:40 UTCQUARTZCris Tolomia

Kroger is acquiring regional grocery chain Giant Eagle in a $1.65 billion deal

Kroger is acquiring regional grocery chain Giant Eagle in a $1.65 billion deal, comprising $1.25 billion in cash and $400 million in assumed liabilities. The transaction is expected to close in 2027.

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