The move means the Reimann family of Germany is increasing its control over the struggling coffee maker as its shares trade ...
Mondelez agreed to sell 86 million shares of JDE Peet's to JAB for €25.10 each ... “JAB has strong conviction in the resilience of the global coffee sector and the long-term value creation ...
Mondelez International (MDLZ) on Monday sold its stake in Dutch coffee maker JDE Peet's to investment firm JAB in a deal worth 2.16 billion euros ($2.34 billion). The beverage and snack food company ...
The U.S. breakfast restaurant industry thrived in 2024, generating $14.6 billion, as noted by IBISWorld, and serving as key ...
Nearly 300 Peet's locations spread across the U.S. serve ... also brews a variety of coffee drinks and sells convenient grab-and-go breakfast sandwiches. Starbucks has become synonymous with ...
JAB Strengthens Hold On Coffee Company JDE Peet's As Mondelez Sells Off 86M Shares Mondelez International agreed to sell 86 million JDE Peet's shares to JAB for €25.10 per share. JAB also ...
European stocks were little changed on Monday, even as higher commodity prices boosted mining and energy stocks. The euro was under ...