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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.
30 Mar, 11:38 — 30 Mar, 19:36
The Story
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High (59/100)8 sources33/33
Spectrum spread— 3/5 buckets covered17/33
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Geographic diversity— 2 regions9/34
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Sources
Showing 6 of 8 sources
APVery High11h ago
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 →wsjHigh5h ago
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 →cnbcMostly Factual10h ago
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 →marketwatchMostly Factual11h ago
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 →YahooMostly Factual7h ago
Sysco Calls $29B Restaurant Depot Deal “Transformational,” Eyes EPS Accretion and $250M Synergies
Read full article →seeking-alphaMixed3h ago
Top Quant rated food distributors amid Sysco 's$29B deal for Jetro Restaurant Depot
Read full article →Coverage Timeline
First report: Reuters · 30 Mar, 11:37|Full coverage: 8 · 8h|Window: 8h
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