Under a definitive merger agreement under which Amazon will acquire Whole Foods Market for US$42 per share in an all-cash transaction valued at approximately US$13.7 billion, including Whole Foods Market’s net debt.
Whole Foods Market will continue to operate stores under the Whole Foods Market brand and source from vendors and partners around the world.
John Mackey will remain as CEO of Whole Foods Market and Whole Foods Market’s headquarters will stay in Austin, Texas, US.
