Performance Food Group is buying North American distributor Core-Mark with a turnover of about $17 billion. The company is valued at $2.5 billion. Core-Mark shareholders will receive 0.44 shares of PFG and $23.875 for each of their securities. As a result, they will own 13% of the combined company. The transaction is expected to close in mid-2022.
Performance Food Group is buying North American distributor Core-Mark with a turnover of about $17 billion. The company is valued at $2.5 billion. Core-Mark shareholders will receive 0.44 shares of PFG and $23.875 for each of their securities. As a result, they will own 13% of the combined company. The transaction is expected to close in mid-2022. 
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