
Sysco Finalizes $29 Billion Jetro Acquisition, Analysts Rate Food Distributors
Top US food supplier Sysco has finalized a $29 billion cash-and-stock deal to acquire Jetro Restaurant Depot, expanding its 'cash and carry' food-service business, prompting analysts to rate top food distributors in light of the acquisition.
The Story
Analyzing sources…
Source Diversity
Source Diversity
High (59/100)Sources
Sysco expands into high-margin restaurant segment with $29 billion deal - AP News
Sysco expands into high-margin restaurant segment with $29 billion deal AP News
Read full article →The Reclusive 94-Year-Old Who Just Sold His Food Empire for $29 Billion - WSJ
The Reclusive 94-Year-Old Who Just Sold His Food Empire for $29 Billion WSJ
Read full article →Top U.S. food supplier Sysco strikes $29 billion deal for Jetro Restaurant Depot
The acquisition would be the latest major deal across consumer‑facing industries as firms look for scale to navigate weaker demand and persistently higher costs.
Read full article →Sysco goes all in on the ‘cash and carry’ food-service business with a $29 billion buyout
Sysco’s stock falls after announcing a $29.1 billion cash-and-stock deal to buy Jetro Restaurant Depot.
By Tomi Kilgore
Read full article →
