Sara Lee to buy Dutch café Store Leader CoffeeCompany

Symbols: SLE
Posted in: News, M&A
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Sara Lee Corp. (NYSE: SLE) today announced an agreement to acquire CoffeeCompany, a leading Dutch café store operator where KRC Capital is a major shareholder. With this acquisition Sara Lee will boost its branding platform and strengthen its presence in the growing segment of young out-of-home coffee consumers.

The transaction is expected to close in the next 30 days, pending final closing conditions.


 
 
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