Albertsons Companies Inc Class A
ACI: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$22.00 | Sflty | Dkgsyrvf |
Kroger-Albertsons Merger Will Draw Regulatory Scrutiny but Could Deliver Value
While we see the merits of Kroger’s cash offer to acquire Albertsons for an estimated total of $34.10 per share, we are skeptical that regulators will approve the deal. So, we are leaving our fair value estimates in place: $28.50 for Albertsons and $49.50 for Kroger.