Trending: Kroger Says FTC Seeks More Info on Albertsons Deal
06 Dezember 2022 - 10:13PM
Dow Jones News
15:41 EST -- Kroger Co. is one of the most talked-about
companies in the U.S. across all news items in the last 12 hours,
according to Factiva data. On Tuesday, the grocer said the Federal
Trade Commission requested additional information as part of its
review of Kroger's planned merger with Albertsons Companies, Inc.
Kroger said it would continue to "work cooperatively" with the FTC,
"including developing a thoughtful divestiture plan." In October,
the two companies announced a $24.6 billion deal which would see
Kroger buy Albertsons. Dow Jones & Co. owns Factiva.
(stephen.nakrosis@wsj.com)
(END) Dow Jones Newswires
December 06, 2022 15:58 ET (20:58 GMT)
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