CanadaBusinessStab to enhance threat in JDE Peet's with $2.4...

Stab to enhance threat in JDE Peet’s with $2.4 billion Mondelez share acquistion

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(Reuters) – German empire stab has really consented to acquire Mondelez’s 86 million shares in Dutch espresso machine JDE Peet’s for 25.10 euros per share, totaling as much as a complete quantity of two.2 billion euros ($ 2.4 billion).

Following the acquisition, stab’s threat in JDE Peet’s will definitely increase to 68%, stab claimed in a declaration.

Additionally, JDE Peet claimed it had really assigned Rafael Oliveira as its president, efficientNov 1.

($ 1 = 0.9213 euros)

(Reporting by Leo Marchandon; Editing by Mark Potter)



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