Whole Food Major Shareholder Suddenly Quoting Amazon's Low Price: Or Present Bidding War

According to Reuters, Amazon will purchase Whole Foods Market, the largest natural food and organic food retailer in the United States, for US$13.7 billion, but some of the company’s largest shareholders stated that this will not be the final outcome. Waddell & Reed Financial Inc., a well-known US asset management company, is one of the top 20 largest shareholders in Whole Foods. Kimberly Scott, the company’s portfolio manager, points out that Wal-Mart may also bid for Whole Foods Supermarket. He said: "We do not think that the acquisition of the Whole Foods Supermarket is the final outcome. For many large-scale retailers, this transaction clearly poses a great threat." Amazon agreed to purchase a Whole Foods supermarket at $42 per share, which will enable the e-commerce giant to own hundreds of physical stores and achieve its long-term goal of selling more grocery items. But some Whole Foods supermarket investors said that even if the share price of the Whole Foods supermarket soared after the transaction, they were still disappointed because Amazon's purchase price still underestimated the brand loyalty of the Whole Foods supermarket and its potential for expansion into smaller cities. Before the transaction was announced, the market for the Whole Foods supermarket had fallen by 18% over the past two years due to increased competition and lower food prices that affected its performance. U.S. private equity firm Neuberger Berman is one of the ten largest shareholders in the Whole Foods supermarket. Charles Kantor, managing director of the company, said: “We always thought that the Whole Foods supermarket brand was more valuable than the company—I guess it wouldn’t be The company eventually ended. We believe that the company's board of directors reviews and explores various possible ways to maximize the value of the assets." Strong brand On Friday afternoon, US time, as the total food supermarket price rose sharply to exceed Amazon's offer, people are more confident that competitive offers may be available for Whole Foods. In the NYSE's 3:02 pm US trading time, the total supermarket price rose 31% to $43.22. Rupesh Parikh, an analyst at Oppenheimer, an investment company, believes that other companies may not be able to offer competitive offers to Whole Foods, because Amazon’s purchase price of US$42 underestimates the development prospects and strong brand of Whole Foods. influences. Earlier this year, Oppenheimer's valuation of Whole Foods in an acquisition was $40 per share. After the announcement of the acquisition of the Whole Foods supermarket by Amazon, Oppenheimer raised the target price of the Whole Foods supermarket from US$40 to US$45. In his letter to customers, Parik stated: "We believe there is still room for the purchase price of this transaction." Karen Short, an analyst at Barclays Bank, said that US retail giants Wal-Mart, Target Corp and The Kroger Co may offer their own quotations, allowing Amazon to spend more. The funds, or to stop the deal, boosted the grocery business that Whole Foods entered 10 years ago. She raised the total food supermarket target price from $38 to $48. In his letter to clients, Sylter stated: "If we are bidding around the Whole Foods supermarket, we will not be surprised. Before the dust settles, the ultimate fate of the Whole Foods supermarket will be very uncertain."