Seeking Alpha

A consortium led by Joh A Benckise (JAB) has agreed to acquire D.E. Master Blenders 1753...

A consortium led by Joh A Benckise (JAB) has agreed to acquire D.E. Master Blenders 1753 for €12.50 a share in a deal that values the maker of Douwe Egberts coffee and Pickwick tea at €7.5B. The price is lower than the €12.75 mentioned when the sides first disclosed talks about a transaction in March. The purchase would add to JAB's stakes in Peet's (PEET) and Caribou Coffee (CBOU). (PR)
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|