Kroger (KR) has announced that it will acquire Harris Teeter Supermarkets (HTSI) in a deal valued at $2.5 billion. Kroger hopes that the acquisition will aid in its expansion efforts in the Southeast and Mid-Atlantic States.
kroger finance
Kroger, the country`s largest traditional supermarket operator, is expanding its reach by snapping up regional grocer Harris Teeter Supermarkets Inc. for $2.4 billion in cash.
CINCINNATI — Kroger Co. here on Tuesday said it has named Scott M. Henderson vice president of pension investment and strategy, and tapped Todd A. Foley to succeed him as vice president and treasurer.
Supermarket News your source for Supermarket news, top lists and retailer info.
Kroger (KR) has announced that it will acquire Harris Teeter Supermarkets (HTSI) in a deal valued at $2.5 billion. Kroger hopes that the acquisition will aid in its expansion efforts in the Southeast and Mid-Atlantic States.
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- Aug 30 Fri 2013 10:26
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