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CORRECTED-UPDATE 2-Germany's JAB to take Krispy Kreme private for $1.35 bln

Krispy Kreme shares rose nearly 24 percent to $20.88 in premarket trading on Monday, just shy of the offer price of $21 per share in cash. JAB Holding will acquire Krispy Kreme through its unit JAB Beech Inc, in which BDT Capital Partners is a minority investor. JAB Holding, the investment vehicle of the billionaire Reimann family, led a buyout of K-cup coffee pod...

Source: Reuters

UPDATE 1-Germany's JAB to take Krispy Kreme private for $1.35 bln

JAB Holding will acquire Krispy Kreme through its unit JAB Beech Inc, in which BDT Capital Partners is a minority investor. JAB Holding, the investment vehicle of Germany's billionaire Reimann family, led a buyout of K-cup coffee pod maker Keurig Green Mountain Inc in March for $13.9 billion. Simpson Thacher& Bartlett LLP and Womble Carlyle Sandridge& Rice LLP...

Source: Reuters