Some surprising winners would come from the Kroger-Albertsons link up. The photo was taken by Frederic J. Brown/AFP
AFP via Getty ImagesK roger's plan to buy another grocery store would be a relief for the company.
Stephen Feinberg's private equity firm has been looking for an exit from its Albertsons investment for almost a decade.
A back-of-the-envelope calculation shows that the sale of the company could bring in $7.1 billion for the private equity firm. Regulators are expected to approve the merger.
There would be other winners in the deal.
According to the grocer's most recent annual proxy statement, the executive team would get about 97 million dollars. The stock price and outstanding equity awards are related to that value.
The majority of the windfall would go to the CEO. Sankaran, who rose to the top of the chart in September 2021, is expected to make $50 million.
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