News Formal

Albertsons stock heads higher amid report of Kroger merger interest

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Albertsons stock heads higher after report of Kroger takeover interest

Shares of Albertsons Cos. Inc. ACI, +11.41% were up more than 11% in Thursday morning trading after Bloomberg News reported that Kroger Co. KR, -1.09% was in merger talks with the smaller grocer. Kroger shares were down more than 2%.

The report cited anonymous sources and noted that while a deal could be hammered out as soon as this week, talks could also fall through or be delayed. Shares of Albertsons were paused for volatility at 9:52 a.m. ET, and trading resumed five minutes later. Albertsons shares have gained 4.3% over the past 12 months as the S&P 500 SPX, +1.72% has declined 18%.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 3. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Shares of Albertsons jump on report of potential merger with grocery giant KrogerGreat, take even more competition out of the grocery business. This is not good news where I live, for all there are are Kroger and Albertsons stores.
Fonte: CNBC - 🏆 12. / 72 Leggi di più »