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Federal judge halts $24.6B Kroger-Albertsons merger

U.S. District Court for Oregon Judge Adrienne Nelson on Tuesday ruled a proposed $24.6 billion merger between grocery chains Kroger and Albertsons likely would harm consumers and halted it.

By: UPI News

Dec 11 2024
11
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Federal judge halts $24.6B Kroger-Albertsons merger — Federal judge halts $24.6B Kro

A customer looks at meat products at a Safeway supermarket, a subsidiary of Albertsons, in Washington, D.C., on Oct. 27, 2022. A federal judge on Tuesday blocked a proposed Kroger and Albertsons merger by ruling in favor of an injunction request made... [2479 chars]

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Kroger's $25 billion acquisition of Albertsons was blocked, marking a win for the FTC