US FTC to announce it is suing to block Kroger-Albertsons merger on Monday -Semafor

In this article:

Feb 26 (Reuters) - The U.S. Federal Trade Commission will announce on Monday that it is suing to block grocer Kroger's proposed $24.6 billion deal to buy smaller rival Albertsons, a Semafor reporter said on social media platform X.com, citing an unnamed source familiar with the matter.

(Reporting by Ismail Shakil)

Advertisement