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Proposed Kroger, Albertsons merger will take more time to close as scrutiny continues
ACIAlbertsons Companies(ACI) CNBC·2024-01-15 21:26

Kroger CEO Rodney McMullen testifies about the proposed massive grocery store merger with Albertsons at a Senate Judiciary Committee Competition Policy, Antitrust, and Consumer Rights Subcommittee hearing on Capitol Hill in Washington, November 29, 2022.Supermarket chain Kroger's proposed acquisition of rival Albertsons is now expected to close in the first half of Kroger's fiscal year 2024 instead of early this year. Ongoing discussions with federal regulators delayed the deal's close, the companies said i ...