Kroger-Albertsons in Talks to Sell Stores to C&S, SoftBank

C&S Wholesale Grocers—with backing from SoftBank Group Corp.—is in talks to buy grocery stores that Kroger Co. and Albertsons Cos.are selling to win regulatory approval for their $25 billion merger, according to people familiar with the matter.

C&S, which has partnered with SoftBank for the transaction, could announce a deal as soon as this week to acquire most or all of the stores they are unloading for antitrust reasons, said the people, asking not to be identified because the matter isn’t public. The companies said in October that they would spin off 100 to 375 stores if ...