JAB Holding to buy bakery chain Panera Bread in $7.5 billion deal

JAB Holdings, the owner of Caribou Coffee and Peet’s Coffee & Tea, said on Wednesday it would buy U.S. bakery chain Panera Bread Co (PNRA.O) in a deal valued at about $7.5 billion, including debt, as it expands its coffee and breakfast empire.

Sourced through Scoop.it from: www.reuters.com

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