Kroger, the US retail giant, has signed a definitive agreement to acquire regional competitor Giant Eagle, a US food and pharmacy retailer, in a transaction valued at $1.65 billion. According to a company statement, the transaction consists of $1.25 billion in cash consideration alongside the assumption of approximately $400 million in outstanding liabilities. The deal, which has been unanimously approved by Kroger’s board of directors, is funded entirely with cash. …
































































































































































































































































































































