U.S. foodservice distributor Sysco has announced plans to acquire wholesale firm Restaurant Depot in a deal that would see ...
The deal, involving cash and stock, will give the broadline food distribution giant a major foothold into the “cash-and-carry” business.
The deal is meant to help Sysco expand into the high-margin and growing cash-and-carry distribution model.
Sysco Corporation (NYSE:SYY) stock took a hit when the company announced a $29.1 billion deal to acquire Restaurant Depot on March 30. The market didn’t love it, and Wall Street analysts are starting ...
Restaurant Depot shareholders will receive $21.6 billion in cash and 91.5 million Sysco shares. Based on Sysco’s closing ...
Long Island restaurant owners are split on what the sale of Restaurant Depot to Sysco, a national food distributor, would ...
Sysco said its chief information and digital officer will step down April 10, with the announcement just days before the news ...
Sysco's $29 Billion Jetro Restaurant Depot deal reshapes foodservice. What it means for independent restaurants, prices, and ...
The Independent Restaurant Coalition says that the giant distributor’s proposed $29 billion acquisition of the cash-and-carry ...
Marking one of the largest transactions in the history of wholesale distribution, it's set to push Sysco’s annual revenue to ...
Sysco’s $29.1 billion bid to acquire Restaurant Depot has independent restaurants on edge. Operators fear losing a key ...
Jetro Restaurant Depot will benefit from access to Sysco’s best-in-class foodservice supply chain and logistics capabilities and Sysco will benefit from new ways to serve loc ...