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FTC case over Kroger-Albertsons deal adds to earlier antitrust woes
12:29pm, Monday, 26'th Feb 2024
The U.S. Federal Trade Commission said on Monday that it is suing block Kroger's $24.6 billion purchase of rival grocery chain Albertsons on antitrust grounds, adding to a slew of legal challenges fro
FTC Sues to Block Kroger-Albertsons Merger Over Higher Price Concerns
12:20pm, Monday, 26'th Feb 2024
The deal would lead to higher food prices for consumers as well as lower wages for workers, the FTC says in a lawsuit filed in federal court in Oregon.
Kroger, Albertsons $25 billion merger fraught with roadblocks
12:13pm, Monday, 26'th Feb 2024
The U.S. Federal Trade Commission (FTC) said on Monday it was suing to block Kroger's near $25 billion purchase of rival grocer Albertsons as it would eliminate "fierce competition."
FTC sues to block Kroger, Albertsons merger, arguing deal would raise grocery prices and hurt workers
12:00pm, Monday, 26'th Feb 2024
The FTC, which was joined by a group of attorneys general, said the Kroger-Albertsons deal would hurt competition in the grocery industry.
FTC Sues to Block $25 Billion Kroger-Albertsons Merger
12:00pm, Monday, 26'th Feb 2024
The Federal Trade Commission sued to block Kroger's bid for rival Albertsons, throwing into uncertainty the fate of one of the largest supermarket deals in history.
FTC, states could sue over Kroger-Albertsons $24.6 bln deal next week, Bloomberg reports
02:42pm, Tuesday, 20'th Feb 2024
The United States Federal Trade Commission and a group of states could sue as soon as next week to block grocer Kroger's proposed $24.6 billion deal to buy smaller rival Albertsons , Bloomberg News re
Colorado sues to stop $25 billion Kroger-Albertsons merger
02:51pm, Wednesday, 14'th Feb 2024
Colorado's attorney general filed a lawsuit on Wednesday seeking to block Kroger's proposed $25 billion acquisition of rival supermarket chain Albertsons , saying consumers would be hurt, as the U.S.
Kroger pledges to lower prices for consumers when its planned merger with Albertsons closes
08:12am, Tuesday, 13'th Feb 2024
Kroger Inc. KR, +0.95% said Tuesday it will lower prices for customers when its planned merger with Albertsons Cos. Inc. ACI, +0.33% closes, noting that it has done the same with previous deals.
4 Consumer Product Stocks to Keep an Eye On Amid Industry Woes
09:30am, Wednesday, 31'st Jan 2024
The Zacks Consumer Products - Staples industry participants are battling a tough operating landscape, alongside incurring high SG&A costs. However, innovation and saving efforts have been aiding Kimbe
Washington state sues to block Kroger-Albertsons merger, says deal would raise prices, limit options
12:20pm, Wednesday, 17'th Jan 2024
Kroger and Albertsons announced plans in 2022 to merge, but the proposed deal is getting pushback from Washington state Attorney General Bob Ferguson.
Stock Chart to Watch: Kroger in Focus as Merger With Albertsons Delayed
10:25am, Tuesday, 16'th Jan 2024
Here is a look at a chart tied to recent news, with important technical levels to monitor.
Washington state sues to halt $25B Kroger-Albertsons merger, claiming it will raise prices
09:42am, Tuesday, 16'th Jan 2024
Washington state has asked a judge to block a proposed $25 billion merger between two of America's largest grocery chains, Kroger and Albertsons, claiming the new entity would harm customers and raise
Chart to Watch: Kroger in Focus as Merger With Albertsons Delayed
08:55am, Tuesday, 16'th Jan 2024
Here is a look at a chart tied to recent news, with important technical levels to monitor.
Proposed Kroger, Albertsons merger will take more time to close as scrutiny continues
04:26pm, Monday, 15'th Jan 2024
Supermarket chain Kroger's proposed acquisition of rival Albertsons is now expected to close in the first half of Kroger's fiscal year 2024.
Kroger, Albertsons need more time to close on $25 billion proposed merger
03:31pm, Monday, 15'th Jan 2024
Grocers Kroger and Albertsons said on Monday that they plan close the proposed $24.6 billion merger in the first half of Kroger's fiscal 2024 instead of early 2024.
