Reported about 19 hours ago
US Foods Holding is exploring a possible acquisition of Performance Food Group (PFGC), which could create the largest foodservice distributor in the US, surpassing Sysco. If the merger occurs, the combined entity would generate around $100 billion in annual revenue, capturing about 18% of the US food distribution market. However, discussions remain private and there are no guarantees of a deal being finalized.
Source: YAHOO