Hamburg. (bm) Einstein Noah Restaurant Group, a leader in the quick-casual segment of the restaurant industry in the United States – operating under the Einstein Bros. Bagels, Noah´s New York Bagels and Manhattan Bagel brands – announced a definitive agreement under which an affiliate of Joh. A. Benckiser Group (JAB) will acquire Einstein Noah Restaurant Group for 20.25 USD per share in cash, or a total diluted equity value of approximately 374 million USD. The agreement, which has been unanimously approved by Einstein Noah Restaurant Group´s directors, represents a premium of approximately 47 percent over Einstein Noah Restaurant Group´s 30-day average trading price. JAB is a German holding company, the investment vehicle for Germany’s Reimann family. Other topics of the week:
Title | Region | Date |
Sainsbury’s: Second Quarter Trading Statement | (UK) | Thu 10-02 |
Marubeni and ADM Bolster Export Joint Venture | (US) | Thu 10-02 |
Year-over-year: Global snack sales increased two percent | (US) | Thu 10-02 |
Einstein Noah: Agrees to be Acquired by JAB Holding | (US) | Wed 10-01 |
Diamond Foods: Reports Q4 and FY 2014 Financial Results | (US) | Wed 10-01 |
Nestle: creates new board function, redefines zones | (CH) | Wed 10-01 |
Aryzta AG: Announces FY 2014 Results | (CH) | Tue 09-30 |
Real Good Food: Company changes name | (UK) | Tue 09-30 |
Origin Enterprises: Preliminary Results FY 2014 | (IE) | Mon 09-29 |
Hershey: Completes Initial Purchase of SGM Food | (US) | Mon 09-29 |
Mars Incorporated: Announces Leadership Changes | (US) | Sat 09-27 |
Mondelez International: Appoints Chief Marketing Officer | (US) | Sat 09-27 |