Condividi con noi le tue storie legate al caffè scrivendo a direzione@comunicaffe.it.
EMERYVILLE, Calif. — Peet’s Coffee & Tea, Inc. () and Joh. A. Benckiser yesterday announced the successful completion of the acquisition of Peet’s by JAB for $73.50 per share in cash, or a total of approximately $1 billion.
The transaction was approved by Peet’s shareholders at a special meeting of shareholders held on October 26, 2012. As a result of the completion of the merger, Peet’s common stock will cease trading on The NASDAQ Stock Market; before the opening of the market on October 30, 2012.
In addition to JAB, BDT Capital Partners, LLC, a Chicago-based merchant bank that provides long-term private capital solutions to closely held companies. Is a minority investor in this transaction.
Citigroup served as financial advisor to Peet’s, and Cooley LLP served as legal advisor. Morgan Stanley & Co. LLC and BDT & Company, LLC, an affiliate of BDT Capital Partners, served as financial advisors to JAB, and Skadden, Arps, Slate, Meagher & Flom LLP served as legal advisor.
