Kroger has entered into an agreement to acquire Giant Eagle, Inc. for an approximate purchase price of $1.65 billion. The acquisition consideration includes $1.25 billion in cash and approximately $400 million in assumed liabilities. Giant Eagle is a family-owned food and pharmacy retailer operating in Ohio, Pennsylvania, West Virginia, Maryland, and Indiana. The transaction is anticipated to conclude in 2027, pending regulatory approvals and customary closing conditions. Kroger and Giant Eagle anticipate making limited store divestitures to satisfy antitrust requirements.