Kroger-Albertsons $25bn grocery merger blocked by US judge

  • 📰 ftenergy
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

México Noticias Noticias

México Últimas Noticias,México Titulares

Country’s two biggest supermarket operators suffer a potentially fatal blow in their efforts to consolidate

The largest supermarket merger in US history has been blocked by a federal judge, handing a victory to federal antitrust regulators who argued Kroger’s $24.6bn purchase of Albertsons would harm consumers and workers. US district judge Adrienne Nelson in Oregon on Tuesday imposed a preliminary injunction on the takeover, which sends the proceedings to the Federal Trade Commission for further consideration.

The attorneys-general of Colorado and Washington separately filed lawsuits alleging harm in their states’ courts. The judge in the Washington case, Marshall Ferguson, issued a permanent injunction against the merger later on Tuesday, writing that “providing complete relief to Washington consumers necessarily requires an injunction that blocks the deal as a whole”. He said his decision was permitted under the US Constitution. Kroger and Albertsons said they were reviewing their options.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 47. in MX
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

US judge blocks $25bn Kroger-Albertsons grocery mergerDeal challenged by Federal Trade Commission would consolidate two of the country’s biggest supermarket operators
Fuente: FT - 🏆 113. / 51 Leer más »

Sayona and Piedmont to merge to create $750m lithium companyBoth companies in a trading halt for a proposed transaction and capital raising
Fuente: MiningOnline - 🏆 117. / 51 Leer más »