Weil, Gotshal & Manges LLP

10/17/2022 | Press release | Distributed by Public on 10/17/2022 11:07

Weil Advises The Kroger Company in its Pending $24.6B Merger with Albertsons

October 17, 2022

Weil is advising The Kroger Company, an operator of retail food and drug stores, and multi-department jewelry and convenience stores, in its merger with Albertsons Companies, Inc., a food and drug retailer operating, at the time, in 34 states and the District of Columbia in a transaction that implies an Albertson enterprise value of approximately $24.6 billion. The transaction is expected to close in early 2024, subject to customary closing conditions and regulatory approvals.

The Weil team advising The Kroger Company is led by Mergers & Acquisitions partner Michael J. Aiello and includes Mergers & Acquisitions partners Sachin Kohli and Megan Pendleton, Mergers & Acquisitions counsel Christina De Vuono and Mergers & Acquisitions associates Tyler Silvey, Dorothy Coco, Stephanie Peterson (Not Yet Admitted in New York) and Kristen Stone (Not Yet Admitted in New York). The team also includes Tax Head Joseph Pari; Tax counsel Blake Bitter; Tax associates Madeline Joerg and Grant Solomon; Executive Compensation & Benefits Head Paul Wessel; Executive Compensation & Benefits partner Regina Readling; Executive Compensation & Benefits associates Ace Szmolyan and Amanda Nowak; Technology & IP Transactions partner Dennis Adams; Technology & IP Transactions/Privacy counsel Olivia Greer; Technology & IP Transactions/Privacy associates Audrey Nicolson, David Merck, Mirish Shah, Jeeyoon Chung and Shannon Coffey; Global Finance Head Daniel Dokos; Banking & Finance counsel Jessie Chiang; Banking & Finance associates Solomon Leung and Dax Zhang; Capital Markets partner Merritt Johnson; Capital Markets associates Sakshi Sharma and Amanda Soled; Real Estate Co-Head Evan Levy; Real Estate counsel Carolyn Stoner; Real Estate associates Lucas Kilravey (Not Yet Admitted in New York) and Alexa King; Regulatory Transactions counsel John O'Loughlin and Timothy Welch; Regulatory Transactions associate Christina Carone (Admitted in New York only); Environmental Head Annemargaret Connolly; Environmental counsel Thomas Goslin; Complex Commercial Litigation partner Chantale Fiebig; Complex Commercial Litigation associate Dan Nadratowski; Employment Litigation counsel Rebecca Sivitz; and Employment Litigation associates Lauren Kelly and Elizabeth Casey.