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Canada: Keurig-JAB merger approved by antitrust authority

By  |  March 1, 2016

Keurig Green Mountain proposed merger with JAB Holdings recently received an approval from the Canadian anti-trust authority under the country’s Competition Act.

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    On Dec 8, 2015, Keurig Green Mountain entered into a deal to be acquired by an investor group led by Germany’s JAB Holdings for $13.9 billion or $92 a share. JAB is a private investment firm which owns majority stakes in coffee companies like Jacobs Douwe Egberts, Peet’s Coffee & Tea as well as Caribou Coffee. The group also includes Mondelez International and affiliates of BDT Capital Partners.

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