Albertsons, Kroger to sell 500+ stores to salvage merger amid FTC block
In an attempt to keep merger plans alive, grocery store chains Albertsons and Kroger are now planning to sell over 500 of their stores.
Source: youralaskalink.com
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US FTC Blocks Coach, Michael Kors Merger, Citing Elimination of "Direct Head-to-Head Competition"
The FTC stated that the proposed merger, which would form a company with approximately 33,000 employees globally, might lead to lower wages and reduced employee benefits. Read more.
Source: jobsnhire.com
Wave of law firm mergers sweeps across the UK despite declining firm numbers
Notable deals were announced in Merseyside, the East Midlands, the South East, and East Anglia
Source: thelawyermag.com
HDFC Bank: Q4 FY24 performance indicates preference for profitability over growth
In the medium to long term, earnings growth is likely to rebound as margins are expected to expand gradually as the bank replaces market borrowings with low-cost deposits
Source: moneycontrol.com
Kroger adds 166 stores to divestiture plan for Albertsons merger deal
The updated proposal aims to address FTC concerns
Source: supermarketnews.com