By FDI Creative Services on 08/24/2017
Category: Security News

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

Related Posts