Business
US Foods Enters into Information Sharing Arrangement with Performance Food Group
ROSEMONT, Ill., September 16, 2025--US Foods Holding Corp. (NYSE: USFD) ("US Foods") today announced that the Company will exchange confidential information with Performance Food Group (NYSE: PFGC) ("PFG") pursuant to a mutually agreed clean team process. US Foods is pleased with PFG’s decision to engage in an effort to explore the regulatory considerations and synergies of a potential combination. There can be no assurance that this information sharing will result in any transaction proposal, o
About this update from Us Foods Holding Corp.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":446,"url":"https://media.zenfs.com/en/business-wire.com/478b4b4e31cc26c612cd2d0e64b88b06"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/6.Un8ytndrqrWaLeHakEKw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTg5MjtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/478b4b4e31cc26c612cd2d0e64b88b06","width":480,"height":446}},"lazy":false},{"type":"text","content":"ROSEMONT, Ill., September 16, 2025--(BUSINESS WIRE)--US Foods Holding Corp. (NYSE: USFD) ("US Foods") today announced that the Company will exchange confidential information with Performance Food Group (NYSE: PFGC) ("PFG") pursuant to a mutually agreed clean team process. US Foods is pleased with PFG’s decision to engage in an effort to explore the regulatory considerations and synergies of a potential combination. There can be no assurance that this information sharing will result in any transaction proposal, or any assurance as to its outcome or timing.","length":581,"tagName":"p"},{"type":"text","content":"US Foods does not intend to make additional comments regarding this matter unless and until a definitive agreement is executed or US Foods and PFG terminate discussions.","length":169,"tagName":"p"},{"type":"text","content":"Morgan Stanley & Co. LLC and Centerview Partners LLC are serving as financial advisors to US Foods and Wachtell, Lipton, Rosen & Katz is serving as legal counsel.","length":170,"tagName":"p"},{"type":"text","content":"About US Foods","length":14,"tagName":"p"},{"type":"text","content":"With a promise to help its customers Make It, US Foods is one of America’s great food companies and a leading foodservice distributor, partnering with approximately 250,000 customer locations to help their businesses succeed. With more than 70 broadline locations and more than 90 cash and carry stores, US Foods and its 30,000 associates provides its customers with a broad and innovative food offering and a comprehensive suite of e-commerce, technology and business solutions. US Foods is headquartered in Rosemont, Ill. Visit www.usfoods.com to learn more.","length":560,"tagName":"p"},{"type":"text","content":"Forward-Looking Statements","length":26,"tagName":"p"},{"type":"text","content":"Statements...