Sysco to Buy Restaurant Depot in $29 Billion Deal
Corroborated by 11 sources from 11 publishers
TL;DR
Reports differ across sources; according to cnbc.com, shares of Sysco, which has a market capitalization of $39.2 billion, fell about 8% in premarket trading after the company said it would finance the acquisition with $21 billion in new and hybrid debt, along with $1 billion in cash and equity on hand.
Sources
1
Bloomberg Markets
https://www.bloomberg.com/news/articles/2026-03-30/sysco-nears-29-billion-deal-to-buy-restaurant-depot-wsj-says
2
Sysco.com
https://investors.sysco.com/annual-reports-and-sec-filings/news-releases/2026/03-30-2026-113036743
3
Dow Jones U.S. Business
https://www.wsj.com/business/deals/sysco-to-buy-restaurant-depot-in-29-billion-deal-f50c8a7d?mod=pls_whats_news_us_business_f
4
Restaurant Business Online
https://restaurantbusinessonline.com/financing/sysco-acquire-restaurant-depot-291b
5
ABC News Money Headlines
https://abcnews.com/Business/wireStory/sysco-expands-high-margin-restaurant-segment-29-billion-131536421
6
Yahoo Finance News
https://finance.yahoo.com/markets/stocks/articles/sysco-shares-fall-premarket-company-130800843.html
7
Yahoo Finance News
https://finance.yahoo.com/markets/stocks/articles/sysco-buying-warehouse-could-never-140555268.html
8
Associated Press
https://apnews.com/article/sysco-restaurant-depot-acquisition-8f5585941e24cfb4f46a8fcc6bbd0e1d
9
Yahoo Finance News
https://finance.yahoo.com/markets/stocks/articles/sysco-calls-29b-restaurant-depot-161009500.html
10
Yahoo Finance News
https://finance.yahoo.com/markets/stocks/articles/why-sysco-transformative-acquisition-sinking-162933516.html
11
CNBC 100003114
https://www.cnbc.com/2026/03/30/sysco-strikes-29-billion-deal-for-jetro-restaurant-depot.html
12
Bloomberg
https://www.bloomberg.com/news/articles/2026-03-30/sysco-nears-29-billion-deal-to-buy-restaurant-depot-wsj-says
13
Yahoo Finance News
https://finance.yahoo.com/markets/stocks/articles/sysco-stock-just-plunged-oversold-200849819.html
14
MarketWatch Top Stories
https://www.marketwatch.com/story/sysco-goes-all-in-on-the-cash-and-carry-food-service-business-with-a-29-billion-buyout-5e06c72c?mod=mw_rss_topstories
15
Forbes Business
https://www.forbes.com/sites/phillempert/2026/03/31/syscos-29-billion-power-grab-what-the-jetro-restaurant-depot-deal-means-for-main-street-menus
16
Seeking Alpha Market News
https://seekingalpha.com/article/4887395-sysco-acquisition-of-jetro-comes-with-some-questions?source=feed_all_articles
17
Yahoo Finance News
https://finance.yahoo.com/markets/stocks/articles/sysco-receives-downgrade-citi-due-134651573.html
18
Seeking Alpha Market News
https://seekingalpha.com/article/4887636-sysco-buying-growth-margin-and-risk?source=feed_all_articles