US district court judge blocks $24.6bn Kroger-Albertsons merger
The judge granted a preliminary injunction to block the merger after a three-week hearing in Portland, Oregon.
Albertsons suing Kroger 'for billions,' cancels merger after court rulings
Albertsons announced Wednesday it is pulling out of its plans to merge with Kroger, citing two court rulings on Tuesday barring the transaction.
Albertsons ends merger deal, accuses Kroger of ‘self-serving conduct’
Albertsons is suing Kroger for breach of contract and accusing it of failing to exercise its “best efforts” to get regulatory approval for the merger.
Kroger, Albertsons Could Turn to Ad Business as Mega Merger Falls Through, Analysts Say
Kroger and Albertsons could turn to fast-growing and profitable advertising ventures to tackle competition and grow after a failed $25 billion merger between the two supermarket rivals, analysts said.
Albertsons sues Kroger for failed merger
This comes a day after the proposed merger between the supermarket giants floundered after judges overseeing two separate cases both halted the deal.
Judge pauses Kroger-Albertsons merger in victory for Biden
The Kroger-Albertsons merger would have been the biggest supermarket merger in history—raising grocery prices for consumers and lowering wages for workers," White House Natio
Kroger-Albertsons merger blocked by federal judge
A federal judge in Oregon blocked Kroger’s $24.6 billion acquisition of grocery rival Albertsons on Tuesday, marking the possible end of what would have been the largest supermarket merger in U.S. history.
A Federal Judge Temporarily Halts the Proposed Supermarket Merger of Kroger and Albertsons
A federal judge has temporarily halted a proposed merger between supermarket giants Kroger and Albertsons, an action that could scuttle the deal
What’s next for Albertsons after calling off its $25B grocery merger with Kroger: More lawsuits
Albertsons said Kroger willfully breached the deal “by repeatedly refusing to divest assets necessary for antitrust approval, ignoring regulators’ feedback, rejecting stronger
Nippon Life to buy Clive Cowdery’s Resolution in $10.6bn deal
Japan’s Nippon Life has agreed to buy Resolution Life, the UK insurance group founded by entrepreneur Sir Clive Cowdery, in a deal that values the business at $10.6bn. It is the biggest overseas ...
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Elon Musk’s xAI secures $6bn in fresh capital funding
Elon Musk's artificial intelligence venture, xAI, has raised $6bn in a new round of funding, according to a recent regulatory filing. This capital injection is part of a funding effort that has ...
Nippon Life’s purchase of Resolution Life causes ripple effects in Australia’s market
Nippon Life Insurance Company’s bumper US$8.2bn ($12.9bn) acquisition of a controlling stake in global firm Resolution Life ...