Amazon buy grocery shopping network Whole Foods Market for $13.7 billion

Amazon buy grocery shopping network Whole Foods Market for $13.7 billion


NEW YORK, June 16. /Offset. TASS Ivan sawyers/. American company Amazon, which owns the eponymous online store, intends to acquire $13.7 billion grocery store chain Whole Foods Market. This is stated in the message Amazon.

The company notes that Whole Foods Market will continue to operate under the same brand. The head of Whole Foods Market John Mackey continues to be its Director, the headquarters will remain in Austin (Texas).

The deal needs to get approval from regulators and shareholders Whole Foods Market. It is expected to be closed in the second half of 2017.

Amazon is based in Seattle (Washington state). It is among the largest companies in terms of sales via the Internet.

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