This includes an assumption of about $4.7 billion of Albertsons Cos. net debt. Subject to the results of a divestiture process, Kroger noted that the cash component consideration may be reduced by per-share value due to the newly created standalone public company that Albertsons is prepared to spin off at closing in conjunction with regulatory clearance processes. As part of the dal, Kroger indicated that Albertsons will pay a special cash dividend of up to $4 billion to shareholders. It said the per-share consideration will be reduced by the special cash dividend - which is about $6.85 per share. It said the dividend will be payable on Nov. 7 to shareholders of record as the business closes on Oct. 24. "At Albertsons Cos., we are guided by an ambition to create customers for life. Together with Kroger, our combined iconic banners will be able to provide customers with even more value and greater access to fresh food and essential pharmacy services.