The deal, involving cash and stock, will give the broadline food distribution giant a major foothold into the “cash-and-carry” business.
Long Island restaurant owners are split on what the sale of Restaurant Depot to Sysco, a national food distributor, would mean for business.
Sysco will acquire Jetro Restaurant Depot for $29.1 billion, including debt. The transaction places the warehouse ...
A reclusive mogul stands to pocket as much as $22 billion from the deal, landing him a spot as one of the world’s 200 richest ...
Sysco to acquire Jetro Restaurant Depot in a $29.1B deal, boosting revenue, EBITDA and cash flow while entering cash & carry.
Sysco Corporation is rated a Buy after a sharp price drop following its $29B acquisition of Restaurant Depot. Learn more about SYY stock here.
Independent operators were shaken when the broadline distributor announced a $29 billion acquisition of the cash-and-carry ...
Houston-based Sysco is moving to swallow Jetro Restaurant Depot - the members-only, cash-and-carry chain better known simply as Restaurant Depot - in a deal that clocks in at about $29.1 billion.
U.S. foodservice distributor Sysco has announced plans to acquire wholesale firm Restaurant Depot in a deal that would see ...
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Forbes contributors publish independent expert analyses and insights. Phil Lempert covers breaking news and trends in food and retail. Small independents once used Jetro Restaurant Depot to keep the ...
The MarketWatch News Department was not involved in the creation of this content. Transaction Combines Two Complementary Food-Away-From-Home Industry Leaders to Create Preeminent U.S. Multi-Channel ...
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