USA > British gas station operator EG Group is set to acquire nearly 800 convenience stores operated by USA based Kroger Co for $2.15 billion

EG group logo EG Group is set to acquire nearly 800 convenience stores operated by USA based Kroger Co for $2.15 billion. Kroger is selling as it sharpens focus on its mainstay grocery business during a brutal price war between Kroger and chief rival Walmart , discounters Lidl and Aldi, and Whole Foods, which is owned by Amazon.com Inc. Kroger plans to use More …