Kroger to sell convenience store business to U.K. firm, not to Casey’s
BPC Staff Feb 5, 2018 | 8:56 pm
<1 min read time75 wordsAll Latest News, Iowa News, Retail & Business
Wall Street Journal: Kroger Co. is selling its convenience store business to privately held U.K.-based EG Group for $2.15 billion, the companies said today. EG Group, which operates gas stations and convenience stores across Europe, will establish its North American headquarters in Cincinnati, where Kroger is based, and continue to operate stores under the existing banner names as part of the deal. Ankeny-based Casey’s General Stores had reportedly been among the bidders for the Kroger properties.
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