Food distributor Sysco Corporation has called off its proposed merger with US Foods, after the US District Court in Washington, D.C ruled against the $3.5bn deal. Last week, the court issued a preliminary injunction to halt the proposed ...
Sysco Corporation and US Foods today announced an agreement to merge, creating a world-class foodservice company. The total enterprise value of the transaction is approximately $8.2 billion and the combination has been approved by the Board ...
Tags: US Foods, Sysco Corporation
Metro Inc has announced the sale of its foodservice division, Distrago, as it looks to increase its focus on its core food stores. In an announcement today (22 October), Metro said that it has sold the unit to Sysco Corporation for an ...
Tags: Metro, sale, foodservice division, core food