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    Jimmy Choo Youth Short Suede Biker Boots Chalk online clearance sale HM39

Jimmy Choo Youth Short Suede Biker Boots Chalk online clearance sale HM39

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14B coffee deal brewing NEW YORK The battle over the world's coffee drinkers is getting hotter.

Keurig, the maker of single cup coffee machines that sit on millions of kitchen counters, agreed to sell itself Monday for almost $14 billion. The buyers are an investment group led by JAB Holding Co., a private company with a growing java business. Fans of Keurig may not see much of a difference in their caffeine fix. JAB Holding said Keurig will operate independently and remain in its headquarters in Waterbury, Vt. The Keurig deal where to buy jimmy choo will help boost JAB Holding's already robust coffee empire. The Luxembourg based company has a controlling stake in Jacobs Douwe Egberts, the company behind Gevalia, Tassimo and many other brands. It also has stakes in Peet's Coffee Tea and Caribou Coffee, jimmy choo gold flats two companies that already have deals in place to make coffee pods for Keurig machines. JAB Holding said it is buying Keurig with minority investors that are also shareholders of Jacobs Douwe Egberts. Buying Keurig will get JAB Holding closer to coffee market leader Nestle, said Stifel analyst Mark Astrachan, in a note to clients. He also said that JAB Holding may try to sell more Keurig brewing machines internationally. Outside of coffee, JAB Holding has stakes in beauty products maker Coty and high end shoe seller Jimmy Choo. The white jimmy choo sneakers deal comes as Keurig has reported slowing sales of its machines and K cups, the coffee filled pods that are used in Keurig's machines. Sales of K cups, which accounted for more than 80 percent of Keurig's revenue, rose 1 percent to $3.6 billion in the year ending Sept. 26. Sales of its machines fell 23 percent to $632.6 million in the same period. Its stock has suffered too, falling nearly 61 percent since the beginning of the year. But JAB Holding sees value in Keurig: It offered $92 for each share of Keurig, a 78 percent premium from the stock's closing price of $51.70 on Friday. The deal jolted shares of Keurig Green Mountain Inc. up nearly 72 percent to close at $88.89 Monday. In September, Keurig moved beyond coffee. It launched Keurig Kold, a $300 machine that makes single glasses of Coca Cola and other sodas. Coca Cola Co. is Keurig's largest shareholder with a 17.4 jimmy choo sandals percent stake, according to FactSet. The deal value's Coca Cola's stake at about $2.4 billion. The world's largest soda maker said Monday that it supports the sale to JAB Holding. The deal is expected to close in the first quarter of next year.

ArticlesDeputies: Man, 64, angry at playful children, shoots family members in Goose Creek area15 C 17s departing from Joint Base Charleston on Thursday morning will drop paratroopers from North CarolinaCharleston County School District settles James Winbush defamation lawsuit for $100,000Developer to sell West Ashley's 'Dead Pig' site to city of Charleston, avoiding eminent domain fightMount Pleasant Paintball closes, less than 2 weeks after owner is charged with criminal sexual misconductHicks column: What's lower than test scores in Charleston County schools? MoraleDeadly legacy: Savannah River site near Aiken one of the most contaminated places on EarthNo. 5 seeded Clemson baseball falls to No. 9 seeded Duke in ACC Baseball Tournament to complicate postseason possibilitiesMore thunderstorms, flooding coming in the Charleston area as a cold front works its way throughStormy conditions in Charleston area to continue into Wednesday, National Weather Service says.


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