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Revisions

Jacobs Douwe Egberts says no intention to revise $1.30 offer price for Super Group

PC Lee Published on Mon, Apr 10, 2017 / 9:49 PM GMT+8

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SINGAPORE (April 10): Jacobs Douwe Egberts (JDE) said on Monday that it will not revise its offer price of $1.30 cash per share for Super Group, the 3-in-1 coffee manufacturer.

Last November, Super received an offer from Sapphire Investments, a JDE subsidiary, to take over the company from Netherlands-incorporated JDE, a global player in the tea and coffee business.

(See also: Super Group gets $1.30 per share takeover offer from Jacobs Douwe Egberts)