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.
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 ...
JAB today announced that it agreed to acquire Mondelez’s (Nasdaq: MDLZ) 86 million shares in JDE Peet’s (EURONEXT: JDEP) for €25.10 per share. Additionally, JAB has distributed shares of JDE Peet’s to ...