Albertsons gives up on Kroger merger, sues grocery chain for failing to secure deal

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Albertsons is giving up on its merger with Kroger a day after it was rejected in two courts and it is suing the grocery chain, saying it didn’t do enough to secure regulatory approval of the $24.6 billion agreement

FILE - The exterior of Kroger's fulfillment center is shown on July 27, 2022 in Dallas, Tex. Albertsons is giving up on its merger with Kroger and it is suing the grocery chain, saying it didn't do enough to secure regulatory approval for the $24.6 billion agreement.in separate court cases. U.S. District Court Judge Adrienne Nelson issued a preliminary injunction blocking the merger Tuesday after holding ain Portland, Oregon.

Albertsons said Kroger refused to divest the assets necessary for antitrust approval, ignored regulators' feedback and rejected stronger divestiture buyers.

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