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EG Group

Kroger finds buyer for convenience store unit

CINCINNATI — Kroger Co. has agreed to sell its convenience store business to EG Group, a privately held c-store retailer based in Blackburn, Lancashire, United Kingdom. The transaction, which is valued at $1.25 billion, is expected to close during the first quarter of Kroger’s financial year, or by May 26. Kroger had announced last October

Kroger finds buyer for convenience stores

Kroger finds buyer for convenience stores

CINCINNATI — Kroger Co. has agreed to sell its convenience store business unit to EG Group, a privately-held convenience store retailer based in the United Kingdom, for $2.15 billion. The companies expect to close the transaction during the first quarter of Kroger’s fiscal year. As part of the agreement, EG Group will establish its North American