Amazon buys Whole Foods for $ 13.7 billion
Фото: Depositphotos
Online retail giant Amazon.com going to purchase a network of American supermarkets Whole Foods Market for $ 13,7 billion
According to a press release Amazon, the company will pay $ 42 per share Whole Foods. This is 27% higher than the price at which shares Whole Foods traded on Thursday ($ 33,06).
Against the background of this news today, promotions Amazon increased by 3,4% to $ 996,46. At the same time, the shares of other major players in the food sector have fallen, as the deal Amazon и Wholefood will lead to the inevitable shake of the market. So, company stock Kroger fell by 13,4% SuperValu - by 16%, and Costco - 7,5%.
"Millions of people love Whole Foods Marketbecause it offers the best natural products of organic origin and makes healthy eating positive, ”the words of the founder Amazon Jeff Bezos in the message.
Merger must maximize shareholder returns Whole Foods Market, confirmed in a statement co-founder and CEO Whole Foods John McKee.
The transaction requires the approval of shareholders and regulators Whole Foods. Companies expect the transaction to be completed in the second half of 2017. After the merge is completed Whole Foods will retain its name, headquarters in Austin (Texas) and top management led by CEO John McKee.
The deal will be the largest in history Amazon, whose cash reserves at the end of March 2017, were about $ 21,5 billion
Whole Foods Market is the largest natural products supermarket chain in the United States. The company's sales reached $ 16 billion in 2016 g, in total, more than 460 outlets in the US, Canada and the UK operate under the brand. For Amazon This is a quick way to capture a large share in the food sector of the economy. Expansion of this market, the company began with AmazonFresh and pilot stores.
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