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The Independent UK
The Independent UK
Business
Brittney Donovan

Kroger to buy Giant Eagle in $1.65 billion deal

Kroger operates about 2,700 supermarkets and 2,200 pharmacies across the U.S. - (Getty Images)

Grocery store giant Kroger will buy competitor Giant Eagle for $1.65 billion, the company has announced.

Founded in 1931, Giant Eagle is a family-owned food and pharmacy retailer with 197 supermarkets and 11 standalone pharmacies across northern Ohio, western Pennsylvania, West Virginia, Maryland and Indiana.

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