Sysco Agrees to Acquire Brakes Group
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/2/2026
- Equities rebound to close higher as surging Treasury yields recede
- Fed’s Jefferson sees no urgency for another rate increase
- Oil jumps 4% on reports China halts fuel exports, US troops head to Middle East
- Amazon and these four U.S. stocks are latest additions to Goldman’s flagship list
- Anthropic targets mid-November for public debut - report
- DataMeds AI's Corexa Pharmacy tops $1M in monthly revenue
- Equities rebound to close higher as surging Treasury yields recede
- Twilio, Vylor set to join S&P 500 as index reshuffles members
- onsemi cuts Synaptics deal price to $5.7B after rival bid
- Wells Fargo names 13 stocks as overweight tactical ideas
Sysco Corp. (SYY) Ratings Placed on Review for Downgrade by Moody's
February 22, 2016 3:30 PM ESTMoody's Investors Service placed all ratings of Sysco Corporation (NYSE: SYY), including both the A2 senior unsecured and Prime-1 commercial paper ratings, on review for downgrade. These actions follow Sysco's announcement today that it is acquiring Brakes Group (parent is Cucina Acquisition UK Limited, which has a Caa1 corporate family rating), a UK-based foodservice distributor, from affiliates of Bain Capital for around $3.1 billion, which will include repayment of... More
