Interested? Contact Us
Amazon to complete acquisition of Whole Foods on Monday
(Reuters) - Amazon.com Inc (AMZN.O) said on Thursday it plans to complete its $13.7 billion acquisition of Whole Foods Market Inc (WFM.O) on Monday after winning antitrust approval from U.S. regulators on Wednesday.
The companies said in a joint statement that Whole Foods will offer lower prices starting on Monday "on a selection of best-selling grocery staples across its stores." Amazon also said that it will start selling Whole Foods brand products on its website.
Reporting by David Shepardson; Editing by Bill Rigby
Stay Informed
When you subscribe to the blog, we will send you an e-mail when there are new updates on the site so you wouldn't miss them.
