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Events on Monday 28 August 2017 1
2017Amazon acquires Whole Foods Market13.7 billion dollar deal signals e-commerce push into groceriesAmazon announced it would acquire the upscale grocery chain Whole Foods Market for approximately 13.7 billion dollars, its largest acquisition to date. The deal closed in August 2017 and signaled Amazon's ambitions to expand into physical retail and groceries. Whole Foods shares surged and rival grocery stocks fell on the news.