Tuesday, May 22, 2018
One of America's Great Newspapers ~ Toledo, Ohio


German conglomerate to buy Peet's Coffee

EMERYVILLE, Calif. -- Peet's Coffee & Tea is being taken private by a German conglomerate for approximately $977.6 million.

Privately held Joh. A. Benckiser, which invests in consumer goods brands, will pay $73.50 a share, or about $1 billion. The stock closed Monday at $73.05 on the Nasdaq exchange after closing at $57.16 Friday.

Click to comment

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2018 Toledo Blade

To Top

Fetching stories…