JAB Holding Co. Offers $2.16 Billion for Mondelēz's Stake in JDE Peet's
2 months ago
In a significant move within the financial and retail sectors, JAB Holding Company has announced its intention to acquire Mondelēz International Inc.'s stake in JDE Peet's for a staggering $2.16 billion. This acquisition, which involves approximately 52 million shares or about 25% of JDE Peet's, is anticipated to reshape the coffee and consumer goods landscape, bringing these two corporate giants closer under one umbrella.
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