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Form 8-K · Current Report · Filed 2024-08-29

Kroger Announces Early Participation Results for Albertsons Notes Exchange and Consent Solicitations

On August 29, 2024, The Kroger Co. announced the early participation results for its exchange offers and consent solicitations for Albertsons Companies, Inc. notes, indicating that it had received the requisite consents to adopt proposed amendments to certain series of outstanding notes. The Company also announced amendments to the exchange offers and consent solicitations, including waiving the condition requiring consents for each series of notes and modifying the consideration payable. The exchange offers and consent solicitations are being made in connection with the pending merger between a wholly owned direct subsidiary of Kroger and Albertsons Companies, Inc., with Albertsons surviving the merger as a direct, wholly owned subsidiary of Kroger.

Filer
Kroger Co. KR · NYSE
Filed
Accession
0001104659-24-094605
CIK
0000056873
Signal
Low impactConsumer Defensive

Items reported

Item 8.01

Other Events

No viable tag
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$53.26

Next session

-0.1%

Since filing

+8.4%

Latest close

$57.74

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from KR reporting the same item, with the next session's move:

Exhibits (1)

About Kroger Co.

Kroger Co., a leading grocery retailer in the United States, operates a vast chain of supermarkets and multi-department stores. With its origins tracing back to 1883, Kroger has grown to become one of the largest retail companies worldwide. The primary function of Kroger is to provide a wide range of food and grocery items, along with other essential goods and pharmacy services, to consumers across the nation. Known for its strong private label brands, Kroger offers products that cater to diverse dietary preferences and budgets. The company plays a pivotal role in the retail sector by maintaining an extensive supply chain network, which is crucial for ensuring food security and accessibility in numerous communities. In addition to its retail operations, Kroger is at the forefront of sustainability initiatives, incorporating environmentally responsible practices and focusing on reducing food waste. Its impact extends beyond groceries, influencing industries such as agriculture, transportation, and logistics, further underscoring its significance in the financial market.

Exchange NYSE Industry Grocery Stores Company website ↗

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