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Maroc Maroc - NST.COM.MY - A La Une - 11/Dec 09:56

US courts block Kroger's US$25bil supermarket mega-merger

NEW YORK: Two US courts ruled against supermarket giant Kroger’s planned US$24.6 billion acquisition of rival chain Albertsons on Tuesday, dealing an existential threat to the merger in a win for the Federal Trade Commission, which had argued the deal would harm consumers.

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