ABU DHABI/WAM The Central Bank of the United Arab Emirates (CBUAE) and Mercury have announced ...
Read More »A $25bn grocery deal takes fight to Walmart
It’s a deal which until recently was hard to imagine. Buying Albertsons Cos triggers major antitrust risks for any of its obvious industry suitors. But on Friday the US grocery chain agreed to be acquired by larger rival Kroger Co at a $25 billion enterprise value, with the duo outlining a seemingly cunning plan to assuage the competition authorities. ...
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