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Market Chatter: Performance Food Group Attracts Takeover Interest From US Foods
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Market Chatter: Performance Food Group Attracts Takeover Interest From US Foods
Jul 11, 2025 4:43 AM

07:16 AM EDT, 07/11/2025 (MT Newswires) -- Performance Food Group ( PFGC ) has drawn takeover interest from peer US Foods Holding ( USFD ) for a potential deal that would establish a food distribution company with about $100 billion of combined sales, Bloomberg News reported Friday, citing people familiar with the matter said.

US Foods ( USFD ) has been assessing a Performance Food ( PFGC ) takeover and showed interest regarding a potential merger in recent months, the unnamed sources told the news outlet.

The companies didn't immediately respond to MT Newswires' requests for comment.

Performance Food ( PFGC ) shares were up 9.2% in recent premarket activity, while US Foods ( USFD ) fell 0.3%.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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