Amazon to acquire Whole Foods Market in $13.7 billion deal
Friday, 16 June 2017 Amazon is acquiring Whole Foods Market Inc. in a deal valued at $13.7 billion, the companies announced Friday morning. Under the agreement, Amazon (Nasdaq: AMZN) will acquire Whole Foods Market for $42 per share in an all-cash transaction, that includes Whole Foods Market’s net debt. “Millions of people love Whole Foods Market because they offer the best natural and organic foods, and they make it fun to eat healthy,” said Amazon CEO Jeff Bezos, said in a corporate statement announcing the…
Jun.16 -- Amazon.com Inc. has agreed to purchase Whole Foods Market Inc. in a deal worth $13.7 billion as the e-commerce giant moves deeper into the grocery business. Bloomberg's Jonathan Ferro and David Westin report on "Bloomberg Daybreak: Americas."
Amazon CEO had the most impact on the natural products industry in 2017.
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