August 24, 2017 / 6:09 PM / a month ago

Amazon to complete acquisition of Whole Foods on Monday

Aug 24 (Reuters) - Amazon.com Inc said on Thursday it plans to complete its $13.7 billion acquisition of Whole Foods Market Inc on Monday after winning antitrust approval from U.S. regulators on Wednesday.

The companies said in a joint statement that Whole Foods will offer lower prices starting on Monday “on a selection of best-selling grocery staples across its stores.” Amazon also said that it will start selling Whole Foods brand products on its website. (Reporting by David Shepardson; Editing by Bill Rigby)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below