Source: The Economic Times
Albertsons Companies Inc reiterated in a filing on Tuesday it would divest some stores owned by the company and Kroger Co to obtain the regulatory clearance needed to go ahead with the merger of the two firms.
Last month, Reuters reported citing sources that the supermarket operators were advancing plans to sell between 250 and 300 stores, which they hope would alleviate U.S. antitrust concerns over their combination.
Share This Story
