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ResolvedStocks

Sysco to Acquire Jetro Restaurant Depot in Massive $29 Billion Deal

First Detected: Apr 7, 2026, 9:16 PM
Last Update: 5 months ago
19 articles·6 stories

Event Summary

Sysco Corporation plans to acquire Jetro Restaurant Depot in a massive $29 billion deal. The deal is expected to increase Sysco's revenue by 20% and free cash flow by 55%. It aims to expand Sysco's footprint in the cash-and-carry model and target smaller restaurants.

Timeline

Price Impact

Since event start
SYY+9.27%