Houston-based food distribution giant gets green light for $3B acquisition (HBJ)

Photo Courtesy of HBJ

Photo Courtesy of HBJ

By Olivia Pulsinelli

Houston-based Sysco Corp. (NYSE: SYY) plans to close a $3.1 billion acquisition next month now that it has received approval in Europe.

The food distribution giant announced June 9 that the European Commission has unconditionally cleared its acquisition of London-based Brakes Group from Boston-based Bain Capital Private Equity.

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