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Amazon to complete acquisition of Whole Foods on Monday

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Amazon to complete acquisition of Whole Foods on Monday

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(Reuters) – Amazon.com Inc <AMZN.O> said on Thursday it plans to complete its $13.7 billion acquisition of Whole Foods Market Inc <WFM.O> on Monday after winning antitrust approval from U.S. regulators on Wednesday. The companies said in a joint statement that Whole Foods will offer lower prices starting on Monday “on a selection of best-selling grocery staples across its stores.” Amazon also said that it will start selling Whole Foods brand products on its website.

(Reporting by David Shepardson; Editing by Bill Rigby)
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