Kroger Reveals Divestiture Plan For Albertsons Merger Approval: Report
Kroger Reveals Divestiture Plan For Albertsons Merger Approval: Report
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).
據報道，Kroger Co.(NYSE: KR)已公佈了一份詳細的門店、配送中心和工廠清單，以獲得其與Albertsons Companies Inc.(NYSE: ACI)的擬議合併獲得監管部門批准。
The announcement comes as the companies prepare for a trial in August that will determine the fate of their $24.6 billion merger.
這一消息發佈之際，兩家公司正在爲8月的審判做準備，以決定他們246億美元合併的命運。
Employees at the affected locations have been notified, according to a memo from Chief Executive Officer Rodney McMullen, reported Bloomberg.
根據彭博社的報道，該消息已通知了受到影響的地點的員工，羅德尼·麥克馬倫首席執行官發佈了一份備忘錄。
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.
根據報道，受到影響的工人將在交易完成後過渡爲C&S Wholesale Grocers的員工，但在此之前，他們仍將在Kroger和Albertsons的統治下。
C&S has pledged to transfer existing pay and health plans and to honor all collective bargaining agreements.
C&S承諾轉移現有的薪資和健康計劃，並尊重所有集體談判協議。
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家門店組成的分立包已經在美國聯邦貿易委員會(FTC)的干預下增加到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.
清單包括124家華盛頓州、101家亞利桑那州、91 家科羅拉多州和63 家加利福尼亞州的門店，以及一個位於科羅拉多州的乳製品工廠和四個州的六個配送中心。
Also Read: Kroger To Gain From Long-Term Margin Support, Higher Customer Visits – Analyst Sees 'Attractive Entry Point'
還閱讀：Kroger將從長期利潤支持、更高的顧客訪問中受益，分析師認爲是“有吸引力的入場點”
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旨在合併以更好地與亞馬遜公司（納斯達克:AMZN）、沃爾瑪公司（NYSE:WMT）和Costco Wholesale Corp.(納斯達克:COST)等更大的非工會競爭對手競爭。
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.
他們承諾投資5億美元降低價格、10億美元提高工人工資和福利，以及13億美元升級Albertsons門店。
The FTC has raised concerns that the merger could harm consumers by reducing competition, potentially leading to higher prices and diminished service quality.
美國聯邦貿易委員會提出擔憂，稱該合併可能通過減少競爭而損害消費者，可能導致價格上漲和服務質量下降。
The complaint also highlights the possibility of the merged entity gaining undue leverage over workers, potentially impacting wage growth and benefits.
控告還突出了合併實體獲得不當的勞動力 lever，可能影響工資增長和福利。
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.
美國聯邦貿易委員會還質疑擬議的分立方案的充分性，援引Haggen Holdings LLC在2015年類似情況下面臨的挑戰。
Price Action: KR shares are trading lower by 0.44% at $51.63 at last check Wednesday.
價格動態: KR股票在週三最後檢查時下跌了0.44%，報51.63美元。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免責聲明：本內容部分使用人工智能工具生成，並經Benzinga編輯審核發佈。
Photo via Shutterstock
圖片來自shutterstock。