There’s something big brewing in the single serve coffee world today as Keurig Green Mountain has agreed to terms that will see it acquired by a private investor group led by JAB Holding.
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JAB will acquire Keurig Green Mountain for $92.00 per share in cash. The companies value the total equity of the deal at about $13.9 billion. That’s almost 78 percent above Keurig’s closing price last Friday.
The deal is is expected to close during the first calendar quarter of 2016, subject to customary closing conditions, including receipt of regulatory approvals.
The company’s holdings include Peet’s Coffee & Tea.