Kroger is buying Giant Eagle, adding nearly 200 more supermarkets to its portfolio in a billion-dollar deal. The Cincinnati-based grocery giant announced the purchase agreement in a news release July 1. Kroger will buy Pittsburgh-based Giant Eagle for $1.65 billion, acquiring its 197 supermarkets and 11 standalone pharmacies across northern Ohio, western Pennsylvania, West Virginia, Maryland and Indiana. The deal is comprised of $1.25 billion in cash from Kroger and about $400 million in debt from Giant Eagle that Kroger will assume, according to the news release. Read the full story at the link in our bio. (📸: sgdoesit / The Enquirer) #cincinnati #cincinnatiohio #kroger #gianteagle