Mergers & Acquisitions

Kroger has agreed to pay up to $1.2 billion to states and subdivisions and $36 million to Native American tribes in funding for abatement efforts.

J.M. Smucker has signed a definitive agreement to acquire the Hostess brand of products for a total enterprise value of $5.6 billion, including $900 million of net debt.

Several CVS Health executives now have expanded responsibilities, while the company also welcomes Brian Kane as president of Aetna.

Kroger’s sales were $33.9 billion in the second quarter, compared to $34.6 billion for the same period last year.

Sevelamer carbonate was approved and is expected to launch shortly.

The divestiture transaction includes 413 stores, along with QFC, Mariano’s and Carrs banners.

C&S could announce the deal to acquire most or all of the stores that Albertsons and Kroger are divesting for antitrust reasons as soon as this week, per a Bloomberg report.

Alkermes has granted Teva a license to market generic Vivitrol beginning in January 2027.