Casey’s makes bid for Kroger’s convenience stores
BPC Staff Jan 30, 2018 | 5:16 pm
<1 min read time
63 wordsAll Latest News, Retail and Business, Statewide NewsCNBC: Casey’s General Stores, under pressure from activist investor JCP Investment Management, has submitted an initial bid for Kroger’s roughly $2 billion convenience store business, sources familiar with the situation said. JCP Investment Management in January called for the Ankeny-based convenience store operator to explore strategic alternatives, including a potential sale. Buying Kroger’s convenience store business could stave off pressure to sell, sources say.
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