Whole Foods Attracts Further Private Equity Interest

It has been revealed in a US Securities and Exchange Commission filing that private equity group Yucaipa Cos has built up 7% in natural and organic food retailer Whole Foods Market (WFM). Yucaipa Cos is the second private equity group to be attracted to the business after Green Equity Investors agreed in December 2008 to buy a 17% stake in the business for US$425mn. WFM has been badly hit by the economic downturn but the backing of these two high profile investors supports BMI's belief that WFM's underlying business is strong.

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