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Sysco says would divest 11 US Foods centers to win deal approval
February 2, 2015 / 12:30 PM / 3 years ago

Sysco says would divest 11 US Foods centers to win deal approval

Feb 2 (Reuters) - Food distributor Sysco Corp said it would sell 11 distribution centers run by takeover target US Foods Inc to Performance Food Group to satisfy antitrust concerns.

The centers generated $4.6 billion in revenue in US Foods’ most recent fiscal year, Sysco said on Monday.

Sysco announced its agreement to buy US Foods for $3.5 billion in December 2013. (Reporting by Sruthi Ramakrishnan in Bengaluru; Editing by Don Sebastian)

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