Singapore: Super Group gets buyout offer from JDE, deal valued at $1b

Singapore: Super Group gets buyout offer from JDE, deal valued at $1b

Pixabay

SGX-listed Super Group, a pan-Asian integrated instant food and beverage brand owner noted for its 3-in-1 coffee, has received a pre-conditional cash offer of S$1.30 per share for a buyout by Sapphire Investments, a subsidiary of Netherlands-incorporated Jacobs Douwe Egberts (JDE), a global player in the tea and coffee business.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter