Keurig Green Mountain to be taken private for $13.9bn

Keurig Green Mountain is to be acquired and taken private by a group of investors including Jacobs Douwe Egberts.

The company, best known for its single-serve coffee K-cups, has agreed to be bought out at at 78% premium over the closing price of its shares on 4 December.

Keurig Green Mountain was valued at $92 per share or $13.9bn.

Mondelez International and entities affiliated with BDT Capital Partners are among the group of buyers.