Albertsons, Kroger to divest some stores ahead of merger

  • 📰 Reuters
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 97%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Albertsons Companies Inc said on Tuesday it would divest some stores owned by the company and Kroger Co to obtain the regulatory clearance needed to go ahead with the merger of the two firms.

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day.

Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Is that sell off or just out right close an adjacent store? Recession BreakingNews

This merger could be bad for consumers.

This should not happen, it will not benefit the consumer at all.

Great now they’ll be a slightly smaller monopoly what a great move for consumers 🤣 wtf

Love Kroger get store to shop

In a year where skyrocketing food prices resulted in stellar profits for these separate chains, why are we letting them merge? So there's less competition and they can abuse consumers even more? Kroger should get the Ma Bell treatment, not be allowed to greedily grow further.

Which stores?

So much for believing that Democrats are pushing back on MONOPOLIES. They aren't.

I HATE this merger.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Coalition Rises to 'Stop the Merger' of Kroger and Albertsons'This deal is an antitrust travesty and it must be stopped,' says a letter urging the FTC to block the proposed $25 billion merger between two of the nation's largest grocery chains. stop_merger
Source: commondreams - 🏆 530. / 51 Read more »

Uber, DoorDash, Lyft stocks rise after Prop. 22 ruling in CaliforniaShares of Uber Technologies Inc. Lyft Inc. and DoorDash Inc. ended higher Tuesday, a day after a California appeals court handed them a partial victory that... This is great news for gig workers in California! Prop22
Source: MarketWatch - 🏆 3. / 97 Read more »

Japan’s Matsuno: Don't see big impact on Japanese financial companies from SVB falloutJapan Chief Cabinet Secretary Hirokazu Matsuno said on Monday, they don't see big impact on Japan's financial companies from the SVB fallout. Key quot
Source: FXStreetNews - 🏆 14. / 72 Read more »