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Amazon to buy upmarket grocer Whole Foods for $13.7 bln
June 16, 2017 / 1:06 PM / 5 months ago

Amazon to buy upmarket grocer Whole Foods for $13.7 bln

June 16 (Reuters) - Amazon.com Inc said it would buy Whole Foods Market Inc in a deal valued at about $13.7 billion, including debt.

The $42 per share offer represents a premium of 27 percent to the upmarket grocery chain’s Thursday close. (Reporting by Sruthi Ramakrishnan in Bengaluru; Editing by Saumyadeb Chakrabarty)

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