US food giant Sysco strikes $29 billion deal for catering supplier Restaurant Depot

Sysco said on Monday it would buy catering supplier Jetro Restaurant Depot in a $29  billion deal expanding the top US. food ‌distributor’s reach among price-conscious independent restaurants. Shares of Sysco, which has a market capitalization of $39.2  billion, fell as much as 14.8% after the company said it would finance the acquisition with $21  […]