Profitelligence Profitelligence · Filing Ledger Open KR research →

Form 8-K · Current Report · Filed 2024-11-25

Kroger Extends Exchange Offers and Consent Solicitations for Albertsons Notes

On November 25, 2024, The Kroger Co. announced the extension of the expiration date for its exchange offers and consent solicitations for Albertsons Companies, Inc. notes from November 26, 2024, to December 3, 2024. This extension is related to the pending merger between a subsidiary of Kroger and Albertsons, with Albertsons surviving as a wholly-owned subsidiary of Kroger. The extension is part of the terms and conditions of the previously disclosed offering memorandum and consent solicitation statement. The settlement of the exchange offers and consent solicitations is expected to occur shortly after the expiration date and on or promptly after the closing date of the Merger.

Filer
Kroger Co. KR · NYSE
Filed
Accession
0001104659-24-122395
CIK
0000056873
Signal
High impactConsumer Defensive

Items reported

Item 8.01

Other Events

Regulatory Approval Corporate Update
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$59.22

Next session

+2.3%

Since filing

-2.5%

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 ↗

Never miss another KR filing

Profitelligence watches EDGAR around the clock and alerts you within seconds.

Set up free alerts