Closing of Kroger, Albertsons, C&S Deal Postponed

The proposed merger of U.S. grocery giants Kroger and Albertsons, and sale of assets to C&S Wholesale Grocers, will be later than previously anticipated as the companies continues discussion with regulators.

In a joint statement on Monday, the companies said that due to continued discussions with the Federal Trade Commission and individual state Attorneys General, they now expect the deal to close in the first half of Kroger’s fiscal 2024.