Krispy Kreme Agrees to Takeover Deal

Krispy Kreme Doughnuts will be taken private by JAB Holding for about $1.35 billion, the second buyout of a U.S. food company by the German investment firm in just over two months.

Krispy Kreme shares rose nearly 24% to $20.88 in premarket trading on Monday, just shy of the offer price of $21 per share in cash.

JAB Holding will acquire Krispy Kreme through its unit JAB Beech Inc, in which BDT Capital Partners is a minority investor.

The U.S.