AMSTERDAM, April 12 (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
D.E Master Blenders 1753, the Dutch owner of Douwe
Egberts coffee and Pickwick tea, said on Friday it had reached
conditional agreement on a 12.50 euros per share cash takeover
offer from a group of investors led by JAB.
AMSTERDAM, April 11 (Reuters) – German investor Joh A
Benckiser is close to making a formal bid for D.E Master
Blenders 1753, owner of Douwe Egberts coffee, a source
close to the situation said, in a deal valuing the Dutch firm at
about 7.6 billion euros ($10 billion).
JAB, the investment vehicle of the billionaire Reimann
family, wants to create a global coffee brand on a par with
global leader Nestle SA, bolstering its position in a
hot sector driven by new products and the growing middle classes
in many emerging markets.
THE HAGUE, April 10 (Reuters) – Dutch telecoms operator KPN
, in which Mexican billionaire Carlos Slim’s America
Movil took nearly 28 percent last year, could launch
its 3 billion-euro ($3.9 billion) rights issue soon after
publishing quarterly results on April 23, its CEO said on
Eelco Blok said KPN needed to see the market’s reaction to
its first-quarter results first but might then publish its
prospectus for the rights issue.
AMSTERDAM, April 4 (Reuters) – The Dutch national museum
reopens this month after a decade-long overhaul in which nearly
everything has been changed except for the setting of its most
Rembrandt van Rijn’s “The Night Watch” will be the only work
still hanging in the same place when Queen Beatrix officially
opens the Rijksmuseum on April 13 after a 375 million euro
($482.02 million) renovation to a treasure trove of Dutch art.
AMSTERDAM, March 28 (Reuters) – D.E Master Blenders 1753
said on Thursday it received a 6.4-billion-euro ($8.2
billion) takeover offer from German investor Joh A Benckiser
(JAB), sending shares of the Dutch coffee and tea maker up more
than 25 percent.
The maker of Douwe Egberts coffee and Pickwick tea said it
had agreed to open its books to JAB based on JAB’s proposal to
pay 12.75 euros for every share it does not already own. That
represents a nearly 33 percent premium to the shares’ prior
closing price and values the entire company at around $9.7
AMSTERDAM (Reuters) – German investor Joh A Benckiser (JAB) is in talks over a 6.4-billion-euro deal ($8.2 billion) to buy the owner of Douwe Egberts coffee and bolster its position in a hot drinks industry benefiting from innovation and emerging market growth.
Shares in Dutch coffee and tea firm D.E Master Blenders 1753 (DEMB.AS: Quote, Profile, Research, Stock Buzz) leapt over a quarter on Thursday after it said it had received a bid proposal from JAB, the investment vehicle of the billionaire Reimann family which is already its top shareholder.
AMSTERDAM, March 28 (Reuters) – German investor Joh A
Benckiser (JAB) is in talks over a 6.4-billion-euro deal ($8.2
billion) to buy the owner of Douwe Egberts coffee and bolster
its position in a hot drinks industry benefiting from innovation
and emerging market growth.
Shares in Dutch coffee and tea firm D.E Master Blenders 1753
leapt over a quarter on Thursday after it said it had
received a bid proposal from JAB, the investment vehicle of the
billionaire Reimann family which is already its top shareholder.
ARNHEM, The Netherlands, March 27 (Reuters) – Digital
doctors like Nicholas Haining and Frank Bosch are changing the
face of medicine and the way publishers such as Wolters Kluwer
make money in the stagnant or low-growth North
American and European markets.
Tablet computers and smartphones are almost as essential as
a stethoscope in the modern medic’s kit, with doctors calling up
medical journals, databases, reference works and patient records
on these gadgets as they do their hospital rounds.
AMSTERDAM/WASHINGTON, March 21 (Reuters) – Dutch orders for
the Pentagon’s F-35 warplane are likely to be cut back, sources
close to the discussions told Reuters, citing cost overruns and
delays in the program, uncertainty over the Netherlands’ defense
strategy and budget cuts across Europe.
The Netherlands may cut 17 to 33 F-35s from its initial
plans to buy 85 of the new warplanes, according to people close
to the discussions who were not authorized to speak publicly
since final decisions are not expected until later this year.
AMSTERDAM (Reuters) – Lawyers for Kenya’s president-elect, Uhuru Kenyatta, will push the International Criminal Court on Monday to drop charges against him after the case against his co-accused collapsed.
The case against Kenyatta, on charges of crimes against humanity over bloodshed in the aftermath of Kenya’s 2007 election, has been further complicated by his victory in a ballot which was held largely peacefully this month.