Germany's Jab To Buy Douwe Egberts Firm In $9.8 Billion Deal

AMSTERDAM (Reuters) - 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.

Sections:  business   
Topics:  acquisition   billion   coffee   douwe egberts   drinks   food   jab   joh a benchiser   mondelez   nestle   
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