Sysco to Acquire Jetro Restaurant Depot in $29 Billion Deal
Sysco, a leading food service distributor, is set to acquire Jetro Restaurant Depot in a significant $29 billion deal, expanding its market presence.
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Sysco, a leading food service distributor, is set to acquire Jetro Restaurant Depot in a significant $29 billion deal, expanding its market presence.
Sysco's shares fell in premarket trading after the company announced its intention to acquire Jetro Restaurant Depot in a $29 billion deal.
Sysco has announced the acquisition of Jetro Restaurant Depot in a deal valued at $29 billion, purchased from its reclusive 94-year-old founder, a move expected to impact local food costs.
Sysco is entering the high-margin cash & carry segment through a significant $29.1 billion acquisition, marking a landmark move for the company.

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, with reports revealing the reclusive 94-year-old seller of the food empire who just sold his food empire for $29 billion.