Super Group gets $1.30 per share takeover offer from Jacobs Douwe Egberts

SINGAPORE (Nov 3): Super Group, the 3-in-1 coffee manufacturer, has received an offer to take over the company from Netherlands-incorporated Jacobs Douwe Egberts (JDE), a global player in the tea and coffee business.

Offerer Sapphire Investments, a JDE subsidiary, is offering $1.30 for each share it does not own. The offer price is 34% than Super’s last traded price of 97 cents on Oct 31 before it called for a trading halt and values the deal at $1.45 billion.

JDE serves consumers in more than 100 countries through brands including Jacobs, Tassimo, Moccona, Senseo, L’OR, Douwe Egberts, Kenco, Pilao & Gevalia.

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