date:Apr 15, 2013
An investor group led by Joh. A. Benckiser GmBH, Ludwigshafen, Germany, has made an offer to acquire the D.E Master Blenders 1753 coffee company for 12.50 ($16.36) per share. The total offer is valued at 7.5 billion ($9.8 billion). The board of D.E.M.B. has expressed its support of the offer.
After having carefully and diligently assessed J.A.B.s offer, resulting in todays intended offer, the board fully supports and unanimously recommends this offer to the shareholders for acceptance, said Nor