Sysco Raises $1 Billion in Share Sale for $29.1 Billion Jetro Acquisition
Deals·1 article across 1 outlet
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Sysco Corp. is seeking to raise $1 billion in a share sale to partially fund the food service firm’s $29.1 billion acquisition of Jetro Restaurant Depot LLC.
The acquisition is part of Sysco's strategy to expand its market presence in the food service industry.
SyscoJetro Restaurant Depot
Sources
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“Sysco Corp. is seeking to raise $1 billion in a share sale to partially fund the food service firm’s $29.1 billion acquisition of Jetro Restaurant Depot LLC.”
Bloomberg — Sysco to Raise $1 Billion in Share Sale for Jetro Acquisition