Krispy Kreme Owner Pays $7.5bn For Panera Bread Chain
The owner of Krispy Kreme Doughnuts and Kenco coffee will pay $7.5bn (£6bn) to take control of US bakery and sandwich chain Panera Bread. JAB Holdings also controls coffee brands Douwe Egberts and Peet’s, as well as the luxury shoe maker Jimmy Choo and beauty firm Coty. The acquisition is the biggest US restaurant deal, … Read more