Kroger and Albertsons Companies have entered into a definitive agreement under which the retailers will merge to establish a national footprint. Under the terms of the agreement, Kroger will acquire all of the outstanding shares of Albertsons for an estimated total consideration of $34.10 per share, with a total enterprise value of approximately $24.6 billion. This represents a premium of about 32.8% above the price of Albertsons common stock as of Oct. 12, 2022.
