JAB Said Set to Bid for D.E Master Blenders With BanksJacqueline Simmons, Stephen Morris and Aaron Kirchfeld
Joh. A. Benckiser is close to announcing a formal offer to buy D.E Master Blenders 1753 NV, the coffee and tea company spun off by Sara Lee Corp., in a bid that may value the company at 7.6 billion euros ($10 billion), people familiar with the matter said.
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