Amazon acquires Whole Foods Market and 365 by Whole Foods Market
Amazon acquired Whole Foods Market for $42 per share in cash, its largest acquisition and its entry into physical grocery retail. Share prices of established supermarket chains fell sharply on the announcement, and Amazon cut Whole Foods prices within days of closing.
- Value
- $13.7bn
- Buyer
- Amazon
- Seller
- Whole Foods Market, Inc.
- Regulatory
- None recorded