Kroger to Acquire Albertsons in $24.6 Billion Merger

The Kroger Co. to Acquire Giant Eagle for $1.65 Billion

July 1, 2026

Retail

The Kroger Co. announced a definitive agreement to acquire family-owned grocery and pharmacy retailer Giant Eagle in a $1.65 billion deal. Kroger will pay $1.25 billion in cash and assume about $400 million in liabilities, and the companies expect the transaction to close in 2027 after required regulatory approvals and limited store divestitures.

McCormick & Company to Combine with Unilever’s Foods Business in ~$44.8B Transaction

March 31, 2026

Food & Beverage

McCormick & Company announced an agreement to combine with Unilever’s Foods business (excluding certain markets and segments) in a transaction valued at approximately $44.8 billion. The deal will create a global, flavor-focused company with roughly $20 billion in combined 2025 revenue, with expected annual cost synergies of about $600 million within three years.

Sysco to Acquire Jetro Restaurant Depot for $29.1 Billion

March 30, 2026

Food & Beverage

Sysco entered into a definitive agreement to acquire Jetro Restaurant Depot for about $29.1 billion (including $21.6 billion in cash and 91.5 million Sysco shares). The deal expands Sysco into the cash-and-carry wholesale channel and is expected to close in the third quarter of fiscal 2027, subject to regulatory approvals and customary conditions.

C&S Wholesale Grocers to Acquire SpartanNash for $1.77 Billion

June 23, 2025

Logistics & Distribution

C&S Wholesale Grocers will acquire SpartanNash in a cash transaction valued at $26.90 per share, representing total consideration of $1.77 billion including assumed net debt. The companies entered into a definitive merger agreement and expect the deal to close in late 2025, subject to shareholder and regulatory approvals.

Albertsons Terminates Merger Agreement With Kroger

December 11, 2024

Retail

Albertsons Companies exercised its right to terminate its merger agreement with Kroger after courts issued injunctions blocking the proposed deal in Oregon and Washington on December 10, 2024. The company says the termination follows federal and state decisions to block the merger and that Albertsons will continue as a standalone business.

Kimco Sells Portion of Albertsons Stake After Kroger-Albertsons Merger Announcement

October 14, 2022

Retail

Kimco Realty sold 11.5 million of its 39.8 million shares in Albertsons Companies, generating net proceeds of approximately $301.1 million following the Kroger‑Albertsons merger announcement. Kimco retains 28.3 million Albertsons shares, agreed to a lock-up on roughly 28 million shares for up to seven months, and noted that the merger consideration includes a $6.85 per‑share special cash dividend.