Secretaries Of State For Seven U.S. States Write FTC Chair Khan To Voice Opposition To Kroger's Proposed $24.6B Acquisition Of Albertsons
Portfolio Pulse from Happy Mohamed
Secretaries of State for seven U.S. states have written to FTC Chair Khan to express their opposition to Kroger's proposed $24.6B acquisition of Albertsons.
August 16, 2023 | 4:38 pm
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NEGATIVE IMPACT
Albertsons' proposed acquisition by Kroger faces opposition from seven U.S. states, which could potentially hinder the deal.
The opposition from seven U.S. states to Kroger's proposed acquisition of Albertsons could potentially delay or even derail the deal, which would likely negatively impact Albertsons' stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Kroger's proposed acquisition of Albertsons faces opposition from seven U.S. states, which could potentially hinder the deal.
The opposition from seven U.S. states to Kroger's proposed acquisition of Albertsons could potentially delay or even derail the deal, which would likely negatively impact Kroger's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100