Rumors have swirled in recent days that Whole Foods (WFM) could be the target of a leveraged buyout, which boosted its stock on Friday. But some analysts aren't persuaded a buyout is a good bet. Wolfe Research's Scott Mushkin, running numbers, calculates that increasing natural-foods competition and the need for WFM to lower prices yields a post-takeover internal rate of return of only 4%. Deutsche Bank is more optimistic. Says some aggressive assumptions on lower prices, cost savings and store and sales growth result in IRR of 15% or greater. WFM stock recently off 0.5% at $33.76. (ilan.brat@wsj.com; @ilanbrat) (END) Dow Jones Newswires October 05, 2015 14:49 ET (18:49 GMT) Copyright (c) 2015 Dow Jones & Company, Inc.
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM