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Peet's, Mondelez and JAB
JAB to acquire Mondelez stake in JDE Peet’s coffee business
Investment firm JAB Holding Co. is acquiring Mondelez International’s stake in the coffee and tea company JDE Peet’s in a €2.16 billion ($2.34 billion) deal. Under the transaction, announced Oct. 21,
Mondelez sells stake in JDE Peet’s EUR 25.10 per share
JAB announced that it agreed to acquire Mondelez’s 86M shares in JDE Peet’s for EUR 25.10 per share. Additionally, JAB has distributed shares of JDE Peet’s to more than 70 l
JDE Peet’s shares surge as JAB buys Mondelez $2.4 billion stake at a premium
JDE Peet’s also appointed former Kraft Heinz exec Rafa Oliveira as its new CEO as the coffee seller said it’s sales have put it on track to achieve its full-year outlook
JDE Peet's shares surge after JAB increases majority stake in $2.4 billion deal
By Leo Marchandon (Reuters) -Shares in Dutch coffee maker JDE Peet's surged more than 16% after German conglomerate JAB said on Monday it will increase its majority stake to 68% by acquiring all of Mondelez's shares in a 2.
JAB to Buy Mondelez’s Stake in JDE Peet’s for €2.16 Billion
Investment holding company JAB agreed to acquire Mondelez International Inc’s stake in coffee retailer JDE Peet’s NV in a deal worth €2.16 billion ($2.3 billion).
JDE Peet's Stock Rises After JAB Increases Stake With $2.35 Bln Buyout
JAB said it would acquire Mondelez's 86 million shares in JDE Peet's for 25.10 euros a share. This represents a premium of more than 32% compared to Friday's closing price of 18.96 euros a share prior to the announcement.
JAB increases majority stake in JDE Peet's with $2.4 billion buyout of Mondelez's shares
(Reuters) -German conglomerate JAB said on Monday it will acquire Mondelez's minority stake in Dutch coffee maker JDE Peet's in a 2.2 billion euro ($2.4 billion) deal that will increase JAB's holding to 68%.
JDE Peet's Shares Get Boost From CEO Appointment
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.
Hosted on MSN
2h
Mondelez International's Quarterly Earnings Preview: What You Need to Know
Valued at a market cap of $94.5 billion, Mondelez International, Inc. (MDLZ) is a global snacks company that manufactures, ...
gcrmag.com
11h
JAB acquires Mondelez’s stake in JDE Peet’s
JAB has entered an agreement to acquire global snack company Mondelez’s 86 million shares in JDE Peet’s for US$27.15 (€25.10) ...
2h
Mondelez initiated with a Buy at Redburn Atlantic
Redburn Atlantic initiated coverage of Mondelez (MDLZ) with a Buy rating and $82 price target The firm calls Mondelez its top pick of the ...
FoodBusinessNews
4d
Slideshow: New products from Mondelez, Campbell’s and Kellanova
Campbell Soup Co. subsidiary Pepperidge Farm has debuted Thin & Crispy peppermint cocoa cookies. Described as the first Thin ...
Zacks.com on MSN
5d
Mondelez Rises 8% in 3 Months: How Should You Play the Stock?
Mondelez International, Inc.’s MDLZ shares have gained 7.5% in the past three months, surpassing the industry and the broader ...
1d
Mondelez International: Strategic Focus and Market Strength Drive Buy Rating Amidst Cocoa Inflation Challenges
Robert Dickerson, an analyst from Jefferies, reiterated the Buy rating on Mondelez International (MDLZ – Research Report). The associated ...
adexchanger
5d
Why Mondelez Piloted A Shopper Marketing Test Between Albertsons And Fetch
Data-driven shopper marketing, it’s bringing people together. And not just ad tech vendors. Consider a recent campaign ...
5d
Doritos, Ruffles, Lay’s bags to get bigger in temporary fix to reverse ‘shrinkflation’
PepsiCo, the nation’s largest seller of salty snacks, said that it will also add two more small bags of chips to its 18-bag variety pack.
6d
When Law Firms Get Hacked, Are Their Corporate Clients on the Hook?
"Law firms are being heavily targeted now because they have a lot of sensitive information and they need to operate," said ...
13d
on MSN
Mondelez International, Inc. (MDLZ) is One of The Best Cheap Stocks to Buy According to Billionaire Ray Dalio
We recently compiled a list titled 7 Best Cheap Stocks to Buy According to Billionaire Ray Dalio. In this article, we will ...
4d
Food packaging should have labels on front about health impact, says WHO
LONDON, Oct 18 (Reuters) - Packaged food and drinks should have easy-to-read nutritional information on the front of the ...
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