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Stock impact report

Kroger Closes Sale of Specialty Pharmacy Business [Yahoo! Finance]

Kroger Company (The) (KR) 
Last kroger company (the) earnings: 3/5 08:30 am Check Earnings Report
US:NYSE Investor Relations: ir.kroger.com
Company Research Source: Yahoo! Finance
CINCINNATI Oct. 4, 2024 Kroger announced a definitive agreement with Elevance Health for the sale on March 18, 2024 . In closing the transaction, the retailer and Elevance Health have worked to ensure minimal disruptions for patients and associates. Kroger Family of Pharmacies in-store retail locations and The Little Clinics were not included in this transaction. The specialty pharmacy, formerly owned by Kroger, serves patients with chronic illnesses that require complex care. The sale is not expected to have an impact on 2024 guidance. Advisors RBC Capital Markets, LLC is serving as financial advisor and Weil, Gotshal & Manges LLP and Arnold & Porter Kaye Scholer LLP are serving as legal advisors to Kroger. About Kroger At The Kroger Co. (NYSE: KR), we are dedicated to our Purpose: To Feed the Human Spirit™. We are, across our family of companies nearly 420,000 associates who serve over 11 million customers daily through a seamless digital shopping experience and retai Show less Read more
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