Latest in Billion Supermarket Merger
Sort by
119 items
-
Albertsons sues Kroger after federal judge blocks merger
Grocery giant Albertsons called off its nearly $25 billion merger with Kroger after a federal judge temporarily blocked the union Tuesday in an effort to protect consumers from increasing costs. ...CBS News - 6h -
Albertsons Sues Kroger, Terminates Merger After Judge Blocks Supermarket Megadeal
Albertsons’ lawsuit said the rival grocery company failed to exercise its best efforts to win regulatory approval for the $20 billion deal.The Wall Street Journal - 11h -
Albertsons sues Kroger after judge rules against grocery merger
Albertsons filed a lawsuit against Kroger, saying it violated its contract and did not follow through on commitments to help get the deal approved.CNBC - 11h -
Albertsons sues Kroger, backs out of $25B merger after courts block the deal
Albertsons has filed a lawsuit against Kroger one day after federal judges blocked a potential $24.6 billion merger deal.ABC News - 12h -
Zalando to Bid $1.3 Billion for About You
Zalando plans to submit an offer to buy About You in a move to expand its offering in the European e-commerce fashion market.The Wall Street Journal - 22h -
Kroger-Albertsons Merger Blocked by Court
The ruling hands a victory to Biden antitrust enforcers, who said the $20 billion supermarket merger would erode competition and raise prices for consumers.The Wall Street Journal - 1d -
Albertsons Backs Out of Merger Deal and Sues Kroger After Court Rulings
The supermarket chain had tried to join forces with Kroger, but judges sided with federal and state regulators who charged that the merger would reduce competition.The New York Times - 9h -
Albertsons gives up on Kroger merger, sues grocery chain for failing to secure deal
Albertsons is giving up on its merger with Kroger a day after it was rejected in two courts and it is suing the grocery chain, saying it didn’t do enough to secure regulatory approval of the $24.6 ...ABC News - 13h -
Business leaders warn Reeves about the impact of her Budget tax rises
Banking, energy and transport executives voice concerns in meeting with UK chancellorFinancial Times - 14h -
Albertsons sues Kroger after judge rules against grocery merger
Albertsons on Wednesday formally terminated its proposed $25 billion merger with Kroger and filed a lawsuit against its supermarket competitor, saying Kroger violated its contract and didn’t follow ...NBC News - 15h -
Albertsons calls off Kroger merger, sues for breach of contract
Albertsons said it is calling off its merger with Kroger and is suing the rival grocery chain for breach of contract.CBS News - 15h -
Albertsons abandons merger and sues Kroger
Albertsons said Wednesday that it has terminated a $25 billion merger agreement with Kroger and will sue the grocery giant, alleging the company didn’t do enough to get the deal done. Judges in ...The Hill - 15h -
Albertsons abandons merger with Kroger after a judge temporarily blocked the deal
Albertsons called off a $25 billion merger with rival Kroger after a judge temporarily halted the deal. The grocery chain is also suing Kroger for willful breach of contract and breach of the ...CBS News - 16h -
Federal Judge Blocks $25 Billion Kroger-Albertsons Grocery Merger
The ruling, citing a potential loss of competition, was a victory for the Federal Trade Commission. Later, a Washington State judge blocked the deal on similar grounds.The New York Times - 1d -
Judges block Kroger-Albertsons merger. Continuing the courtroom fight could test investors’ patience.
The supermarket chains said they were disappointed with Tuesday’s court rulings, adding that they are reviewing their options.MarketWatch - 1d -
Judge blocks Albertsons-Kroger $25 billion supermarket merger
A U.S. district judge in Oregon has blocked a $25 billion bid by supermarket giant Kroger to take over rival Albertsons, ruling that the Federal Trade Commission's concerns about the merger's ...NBC News - 1d -
Federal judge temporarily blocks Kroger-Albertsons merger
A federal judge has temporarily blocked the merger of grocery giants Kroger and Albertsons after a three-week hearing. The Federal Trade Commission sued over the $25 billion deal in February, ...CBS News - 1d -
Federal judge blocks $25B Kroger-Albertsons merger, but leaves door open for future deal
A federal judge on Tuesday blocked the proposed $25 billion merger of grocery giants Kroger and Albertsons, ruling that the deal would limit competition and harm consumers, but the judge left the ...The Hill - 1d -
US judge blocks $25bn Kroger-Albertsons grocery merger
Deal challenged by Federal Trade Commission would consolidate two of the country’s biggest supermarket operatorsFinancial Times - 1d -
‘Merger Monday’ spree signals revival of deals since Trump victory
US companies ink more than $35bn in transactions as election sends jolt of enthusiasm through industryFinancial Times - 2d -
Omnicom and AssuredPartners mergers highlight need for ‘scale’ as dealmakers get busy
A pair of big-money acquisitions by advertising company Omnicom and insurance broker Arthur J. Gallagher tip the scales at a combined $27 billion.MarketWatch - 2d -
Arthur J. Gallagher to Acquire AssuredPartners for $13.45 Billion
Arthur J. Gallagher said that buying the insurance broker would expand its retail middle-market property and casualty focus across the U.S.The Wall Street Journal - 2d -
Returns are an $890 billion problem for retailers
Holiday shopping is expected to reach record levels this year.NBC News - 3d -
Omnicom and Interpublic in merger talks to become largest advertising group
A $30bn-plus deal would come as most of the money in the industry is being siphoned off by big tech companiesFinancial Times - 3d -
Advertising Firms Omnicom and Interpublic Nearing Merger That Would Reshape Industry
A deal would create the world’s largest advertising company, with net revenue of more than $20 billion, topping WPP’s $15.1 billion.The Wall Street Journal - 3d -
Retail returns: An $890 billion problem
As shopping reaches a peak in the weeks ahead, retailers expect their return rate for the holidays to be 17% higher, on average, than the annual rate.CNBC - 4d -
The A’s Near Agreement for $1.75 Billion Las Vegas Stadium
A groundbreaking on the new A’s stadium is likely by the 2028 season.Inc. - 6d -
Vodafone-Three UK merger set to ring changes on Britain’s mobile landscape
Deal will reduce number of operators in the country from four to threeFinancial Times - 6d -
Vodafone-Three Merger Gets Conditional U.K. Clearance
The Competition and Markets Authority said the deal will likely boost competition in the U.K. mobile sector, but would only proceed if both companies implement certain conditions.The Wall Street Journal - 6d -
British regulators approve $19 billion Vodafone-Three mobile merger
British regulators said the tie-up can proceed if both companies sign "binding commitments to invest billions" to roll out a 5G network across the U.K.CNBC - 6d -
Vodafone boss says prices won't rise after Three 'mega-merger'
The deal, which creates the UK's biggest mobile network, has had to overcome competition concerns.BBC News - 6d -
Supermarkets 'putting profits above human rights', MP says after BBC investigation
Supermarkets that appear to be selling products linked to slave labour in China have been criticised following a BBC investigation.BBC News - Dec. 4 -
Billion-dollar future: Dodgers deferred pay at $1B
New contracts for Blake Snell and Tommy Edman increased the Dodgers' obligations for deferred payments to more than $1 billion owed to seven players from 2028-46.ESPN - Dec. 3 -
Americans expected to spend $13 billion total on Cyber Monday deals
Consumers are focusing on finding deals on Cyber Monday and American spending is expected to rise compared to 2023. CBS MoneyWatch correspondent Kelly O'Grady breaks down the spending trends for 2024.CBS News - Dec. 2
