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Kroger Reveals Divestiture Plan For Albertsons Merger Approval: Report

Kroger Reveals Divestiture Plan For Albertsons Merger Approval: Report

Kroger公布出售计划以获得Albertsons合并的批准:报告
Benzinga ·  07/10 08:13

Kroger Co. (NYSE:KR) has reportedly revealed the comprehensive list of stores, distribution centers, and plants it plans to divest to gain regulatory approval for its proposed merger with Albertsons Companies Inc (NYSE:ACI).

据报道,Kroger Co.(NYSE: KR)已公布了一份详细的门店、配送中心和工厂清单,以获得其与Albertsons Companies Inc.(NYSE: ACI)的拟议合并获得监管部门批准。

The announcement comes as the companies prepare for a trial in August that will determine the fate of their $24.6 billion merger.

这一消息发布之际,两家公司正在为8月的审判做准备,以决定他们246亿美元合并的命运。

Employees at the affected locations have been notified, according to a memo from Chief Executive Officer Rodney McMullen, reported Bloomberg.

根据彭博社的报道,该消息已通知了受到影响的地点的员工,罗德尼·麦克马伦首席执行官发布了一份备忘录。

Impacted workers will transition to becoming employees of C&S Wholesale Grocers after the deal closes but will remain under Kroger and Albertsons until then, the report added.

根据报道,受到影响的工人将在交易完成后过渡为C&S Wholesale Grocers的员工,但在此之前,他们仍将在Kroger和Albertsons的统治下。

C&S has pledged to transfer existing pay and health plans and to honor all collective bargaining agreements.

C&S承诺转移现有的薪资和健康计划,并尊重所有集体谈判协议。

The divestiture package, initially consisting of 413 stores, has been increased to 579 following the Federal Trade Commission's (FTC) intervention.

最初由413家门店组成的分立包已经在美国联邦贸易委员会(FTC)的干预下增加到579家。

The list includes 124 stores in Washington state, 101 in Arizona, 91 in Colorado, and 63 in California, among others. Additionally, the package includes a dairy plant in Colorado and six distribution centers across four states.

清单包括124家华盛顿州、101家亚利桑那州、91 家科罗拉多州和63 家加利福尼亚州的门店,以及一个位于科罗拉多州的乳制品工厂和四个州的六个配送中心。

Also Read: Kroger To Gain From Long-Term Margin Support, Higher Customer Visits – Analyst Sees 'Attractive Entry Point'

还阅读:Kroger将从长期利润支持、更高的顾客访问中受益,分析师认为是“有吸引力的入场点”

Kroger and Albertsons aim to merge to better compete with larger, non-unionized rivals such as Amazon.com Inc. (NASDAQ:AMZN), Walmart Inc. (NYSE:WMT), and Costco Wholesale Corp. (NASDAQ:COST).

Kroger和Albertsons旨在合并以更好地与亚马逊公司(纳斯达克:AMZN)、沃尔玛公司(NYSE:WMT)和Costco Wholesale Corp.(纳斯达克:COST)等更大的非工会竞争对手竞争。

They have committed to investing $500 million to reduce prices, $1 billion to enhance worker wages and benefits, and $1.3 billion to upgrade Albertsons stores.

他们承诺投资5亿美元降低价格、10亿美元提高工人工资和福利,以及13亿美元升级Albertsons门店。

The FTC has raised concerns that the merger could harm consumers by reducing competition, potentially leading to higher prices and diminished service quality.

美国联邦贸易委员会提出担忧,称该合并可能通过减少竞争而损害消费者,可能导致价格上涨和服务质量下降。

The complaint also highlights the possibility of the merged entity gaining undue leverage over workers, potentially impacting wage growth and benefits.

控告还突出了合并实体获得不当的劳动力 lever,可能影响工资增长和福利。

The FTC has also questioned the adequacy of the proposed divestiture package, citing challenges faced by Haggen Holdings LLC in a similar situation in 2015.

美国联邦贸易委员会还质疑拟议的分立方案的充分性,援引Haggen Holdings LLC在2015年类似情况下面临的挑战。

Price Action: KR shares are trading lower by 0.44% at $51.63 at last check Wednesday.

价格动态: KR股票在周三最后检查时下跌了0.44%,报51.63美元。

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

免责声明:本内容部分使用人工智能工具生成,并经Benzinga编辑审核发布。

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