rich 1.0 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. TIME's Top Stories https://audioboom.com/channels/3380207-time-s-top-stories Audioboom https://audioboom.com 480 95 https://audioboom.com/i/21692431/600x600/c 600 600 <iframe width="100%" height="95" src="https://embeds.audioboom.com/posts/4542159/embed?v=202301" style="background-color: transparent; display: block; padding: 0; width: 100%" frameborder="0" allowtransparency="allowtransparency" scrolling="no" title="Audioboom player" allow="autoplay" sandbox="allow-downloads allow-forms allow-popups allow-same-origin allow-scripts allow-storage-access-by-user-activation allow-top-navigation-by-user-activation"></iframe>