Albertsons Companies Inc

NYSE:ACIUnited States

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• Kroger Extends Albertsons Note Exchange Deadline to Sept. 27, from 18 hours ago by MT Newswires

  18 hours ago by MT Newswires
  Companies Mentioned: KR, ACI
  09:51 AM EDT, 09/20/2024 (MT Newswires) -- Kroger (KR) said Friday it has extended the deadline for an offer to exchange all outstanding Albertsons' (ACI) notes for new Kroger notes by four days until 5 pm ET on Sept. 27. Kroger said the extension i...

• Albertsons Companies Announces Mondelez International as 2024 Recipe for Change Supplier of the Year, from 20 hours ago by Dow Jones

  20 hours ago by Dow Jones
  Companies Mentioned: ACI
  
  BOISE, ID / ACCESSWIRE / September 20, 2024 / Albertsons Companies proudly announces Mondelez International as the Albertsons Companies 2024 Recipe for Change Supplier of the Year Award winner, recognized for the company's efforts to accelerate meaningful change across the pillars of Planet, Product, and Community.
  

• Kroger Announces Extension of Exchange Offers and Consent Solicitations for Albertsons Companies, Inc. Notes, from 20 hours ago by PR Newswire

  20 hours ago by PR Newswire
  Companies Mentioned: KR, ACI

  The Kroger Co. (NYSE:KR) (the "Company" or "Kroger") announced today that it has extended the expiration date of the previously announced offers to exchange (the "Exchange Offers") any and all outstanding notes (the "ACI Notes") of Albertsons Companies, Inc. (NYSE:ACI) ("ACI"), New Albertsons, L.P., Safeway Inc., Albertson's LLC, Albertsons Safeway LLC and American Stores Company, LLC, as applicable, for up to $7,441,608,000 aggregate principal amount of new notes to be issued by the Company (the "Kroger Notes") and cash. Additionally, Kroger announced today that it has extended the expiration date for the related solicitations of consents (collectively, the "Consent Solicitations") to adopt certain proposed amendments (the "Proposed Amendments") to the indentures (collectively, the "ACI Indentures") governing the ACI Notes, solely with respect to the Unconsented Series (as defined in the Company's press release issued on September 11, 2024). The Company hereby extends such expiration date from 5:00 p.m. New York City time on September 23, 2024 to 5:00 p.m. New York City time on September 27, 2024 (as the same may be further extended, the "Expiration Date").

• Press Release: Kroger Announces Extension of Exchange Offers and Consent Solicitations for Albertsons Companies, Inc. Notes, from 20 hours ago by Dow Jones

  20 hours ago by Dow Jones
  Companies Mentioned: KR, ACI
  retain pharmacy sales from third party payors; consolidation in the healthcare industry, including pharmacy benefit managers; Kroger's ability to negotiate modifications to multi-employer pension plans; natural disasters or adverse weather conditions; the effect of public health crises or other significant catastrophic events; the potential costs and risks associated with potential cyber-attacks or data security breaches; the success of Kroger's future growth plans; the ability to execute Kroger's growth strategy and value creation model, including continued cost savings, growth of Kroger's alternative profit businesses, and Kroger's ability to better serve its customers and to generate customer loyalty and sustainable growth through its strategic pillars of Fresh, Our Brands, Data & Personalization, and Seamless; the successful integration of merged companies and new partnerships; Kroger's ability to maintain an investment grade credit rating; and the risks relating to or arising from its proposed nationwide opioid litigation settlement, including our ability to finalize and effectuate the settlement, the scope and coverage of the ultimate settlement and the expected financial or other impacts that could result from the settlement; -- Kroger's ability to achieve these goals may also be affected by its ability to manage the factors identified above. Kroger's ability to execute its financial strategy may be affected by its ability to generate cash flow; -- Kroger's effective tax rate may differ from the expected rate due to changes in tax laws or policies, the status of pending items with various taxing authorities, and the deductibility of certain expenses; and -- the outcome of the Exchange Offers and Consent Solicitations.
  

• Kroger Announces Extension of Exchange Offers and Consent Solicitations for Albertsons Companies, Inc. Notes, from 20 hours ago by Dow Jones

  20 hours ago by Dow Jones
  Companies Mentioned: KR, ACI
  retain pharmacy sales from third party payors; consolidation in the healthcare industry, including pharmacy benefit managers; Kroger's ability to negotiate modifications to multi-employer pension plans; natural disasters or adverse weather conditions; the effect of public health crises or other significant catastrophic events; the potential costs and risks associated with potential cyber-attacks or data security breaches; the success of Kroger's future growth plans; the ability to execute Kroger's growth strategy and value creation model, including continued cost savings, growth of Kroger's alternative profit businesses, and Kroger's ability to better serve its customers and to generate customer loyalty and sustainable growth through its strategic pillars of Fresh, Our Brands, Data & Personalization, and Seamless; the successful integration of merged companies and new partnerships; Kroger's ability to maintain an investment grade credit rating; and the risks relating to or arising from its proposed nationwide opioid litigation settlement, including our ability to finalize and effectuate the settlement, the scope and coverage of the ultimate settlement and the expected financial or other impacts that could result from the settlement; -- Kroger's ability to achieve these goals may also be affected by its ability to manage the factors identified above. Kroger's ability to execute its financial strategy may be affected by its ability to generate cash flow; -- Kroger's effective tax rate may differ from the expected rate due to changes in tax laws or policies, the status of pending items with various taxing authorities, and the deductibility of certain expenses; and -- the outcome of the Exchange Offers and Consent Solicitations.