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Tuesday 05 November 2024
  • DVG De Vecchi
  • La Cimbali

Krispy Kreme Doughnuts to be acquired by world’s largest coffee conglomerate

Buyer is German conglomerate JAB Holding Company

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MILAN – Krispy Kreme Doughnuts, the U.S.-based coffee-and-doughnut chain, most famous for its hot glazed doughnuts, announced Monday that it will be acquired by JAB Beech Inc., an indirect controlled subsidiary of JAB Holding Company (“JAB”), for $1.35 billion, or $21 per share.

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