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Main Topics

Billion
Jab

Jab Topics

Acquisition
Coffee
Douwe Egberts
Drinks
Food
Joh A Benchiser
Mondelez
Nestle

Germany's JAB to buy Douwe Egberts firm in $9.8 billion deal

German investor Joh A Benckiser (JAB) is to buy the owner of Douwe Egberts coffee in a 7.5-billion-euro ($9.8 billion) deal to create a global hot drinks empire aimed at taking on market leaders Nestle and Mondelez.

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