A sign outside one of Sysco’s distribution centers in Poway, Calif., on Feb. 6, 2017. Mike Blake/ReutersSysco, the nation’s largest supplier of food and other goods to restaurants and catering businesses, has struck a deal to acquire family-owned Jetro Restaurant Depot for $29.1 billion, including debt.The transaction, announced March 30, will be paid in a mix of cash and stock. Under the terms of the agreement, Restaurant Depot shareholders will receive $21.6 billion in cash and 91.5 million shares of Sysco stock, leaving them with about 16 percent of Sysco’s outstanding common shares after the deal closes.
1.3
C
Ottawa
Wednesday, April 1, 2026
The Alliance Press is the world leader in online chained news and information and seeks to inform, engage and empower the world. We expose the information that wasn't known before or current events broadcast over the radio, television, online or in print media. Our content is now available through your mobile phone. No matter where your on-the-go lifestyle takes you, TAP brings the news directly to you.
More from CN
Contact
© The Alliance Media Group design by CODEUS