Sysco Agrees to Acquire Brakes Group
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/27/2026
- Wall Street ends higher as investors buy AI stocks; Microsoft rallies
- Stock action shows confidence in central banks: BofA’s Hartnett
- Oil prices slide about 2% as US, Iran explore path out of war
- Why stocks held up despite rising yields and $100 oil? These 2 words explain it
- Barclays asks if equity markets are nearing the boiling point
- White House blocks CNN from Air Force One trip, Washington Post reports
- Merck and Daiichi Sankyo withdraw lung cancer drug application
- Exclusive-SK Hynix's Solidigm weighs IPO that could value the unit at up to $150 billion, sources say
- Wall Street ends higher as investors buy AI stocks; Microsoft rallies
- Fox Factory sells Marucci Sports for $225M, cuts debt
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
