Keurig-JAB Deal Gets Nod from Canada

Regulatory approval clears way to acquisition
February 26, 2016David Gill

Keuriglogo3x2WATERBURY, Vt.-JAB Holdings’ proposed acquisition of Keurig Green Mountain has received regulatory clearance from Canada’s government under its Competition Act.

The two companies expect to close the acquisition “as soon as reasonably practicable, subject to the satisfaction of any remaining conditions,” said a Keurig statement.

When the transaction closes, JAB will acquire Keurig for $13.9 billion, or $92 a share. Yesterday, Keurig announced that its shareholders had voted to approve the acquisition.

David GillDavid Gill | Senior Editor

David Gill covers home textiles, small electrics housewares, personal-care products, cleaning products, mattresses, consumer electronics and major appliances. He also reports on retailers and writes about the business and financial side of both vendors and retailers. He has more than 30 years of experience in business journalism, and has worked for other publications and websites that cover consumer products from both the manufacturer and retailer sides. His outside interests include sports (he is a big fan of the New York teams and of British soccer), cooking, movies and theater. He occasionally enjoys a good cigar as well.


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