The ride-hailing service co-founder will remain on the board. By Anya George Tharakan and Gayathree Ganesan. Reuters - JAB Holdings, the owner of Caribou Coffee and Krispy Kreme Doughnuts, said on Wednesday it would buy bakery chain Panera Bread Co PNRA. JAB, the investment vehicle of Germany's billionaire Reimann family, has built up an empire of coffee and food chains through a series of acquisitions in recent years, including that of K-cup coffee pod-maker Keurig Green Mountain Inc.

Panera has about 2, bakery cafes in the United States and its fresh offerings appeal to health-conscious consumers.

It has been ramping up its loyalty program, rolling out kiosks to cut customers' waiting times and has expanding its delivery service.

Louis-based Panera jumped Panera has reported better-than-expected earnings per share for the last six ndd stp forex brokers. On Wednesday, it reported preliminary first-quarter company-owned sales-store growth of 5.

BTIG analyst Peter Saleh told Reuters the deal would give Panera the flexibility to "invest more in technology, maybe to invest faster behind delivery, to make more investments in their food offering.

Buy kreme krispy stock became the world's largest pure-play coffee maker by volume inwhen it created the Jacobs Douwe Egberts joint venture buy kreme krispy stock combining its D.

Master Blenders business with the coffee business of Mondelez International Inc MDLZ.

Krispy Kreme-owner JAB to buy bakery chain Panera Bread - AOL Finance

They expect the deal to amt taxes stock options in the third quarter. Panera founder and Hong kong stock market holidays Executive Ron Shaich and entities affiliated to him have agreed to vote shares representing about Reporting by Anya George Tharakan and Gayathree Ganesan in Bengaluru; Editing by Martina D'Couto and Savio D'Souza.

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Markets open in 3 hrs 31 mins. Breaking News Uber CEO Travis Kalanick has resigned The ride-hailing service co-founder will remain on the board. Krispy Kreme-owner JAB to buy bakery chain Panera Bread.

Reuters April 5, By Anya George Tharakan and Gayathree Ganesan Reuters - JAB Holdings, the owner of Caribou Coffee and Krispy Kreme Doughnuts, said on Wednesday it would buy bakery chain Panera Bread Co PNRA. Recently Viewed Your list is empty. What to Read Next.

Krispy Kreme Owner To Buy Panera Bread In $ Billion Deal : The Two-Way : NPR

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