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Don't bet against Bezos

Amazon's proposed $13.7bn acquisition of Whole Foods isn't exactly charity, but nor is it an example of a hardened dollars-and-cents M&A strategy. Instead, it might be most accurate to think of the pairing as a blend of giving and buying, a sort of 'patronage purchase.' We look at the CEO and the strategy behind spending billions of dollars of shareholder money to effectively take Amazon back in time.

Brenon Daly

Research Director, Financials