Albertsons Terminates Merger Agreement With Kroger
December 11, 2024
Albertsons Companies exercised its right to terminate its merger agreement with Kroger after courts issued injunctions blocking the proposed deal in Oregon and Washington on December 10, 2024. The company says the termination follows federal and state decisions to block the merger and that Albertsons will continue as a standalone business.
- Buyers
- Albertsons Companies, Inc.
- Targets
- Kroger, Albertsons Companies, Inc.
- Industry
- Retail
- Location
- Idaho, United States
- Transaction Type
- Divestiture
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