Merger with Albertsons: Kroger raises a bid by US$1 billion

Announced in October 2022, the US$25 billion (including debt) mega-merger between Kroger and Albertsons was temporarily suspended on July, 25 2024. This decision comes after the publication of the list of 600 stores that would be sold to C&S Wholesale Grocers, and complaints from the U.S.A. competition authority, the FTC. The FTC believes that the merger will lead to higher food prices and undermine employees’ rights together with regional complaints from the states, including Colorado,...