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 ...
Shares in JDE Peet's soared more than 17 percent on Monday after the maker of Peet's Coffee and Pickwick tea brands appointed a new chief executive and its parent company boosted its stake.