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Kroger Co and Albertsons Cos Inc are nearing a deal they hope will secure U.S. regulatory clearance for their proposed $24.5 billion merger, by selling more than 400 grocery stores to C&S Wholesale Grocers for nearly $2 billion, according to people familiar with the matter.
As recently as June 2021, Persimmon shares were changing hands for £30. Our writer considers whether the stock will reach these heights once again.