jab holdings

FB Roundup: Dyson, Dalian Wanda, and JAB Holdings

November 4, 2016

James Dyson engineers new university, Dalian Wanda Group buys Dick Clark Productions, and JAB Holdings offers $1 billion for Super Group

James Dyson engineers new university

Sir James Dyson, founder of the eponymous British technology company, is to open his own institute to train engineers as part of a drive to ensure UK companies remain competitive.

The Dyson Institute of Technology, opening this autumn, will offer students free education and a guaranteed job on completion. Dyson said the starting salary was expected to be about £15,000 ($18,700) in the first year.

FB Roundup: JAB Holdings, Volkswagen, and Todd Corporation

July 29, 2016

JAB Holdings completes $1.3 billion acquisition of Krispy Kreme; Volkswagen stock price crashes after Q2 results; and Todd Corporation given nod to sell gold mine stake

JAB Holdings completes $1.3 billion acquisition of Krispy Kreme

JAB Holding, the investment vehicle of the Reimann family, has completed its $1.3 billion acquisition of US-based doughnut and coffee company Krispy Kreme.

In a two-paragraph statement, the two companies confirmed the completion of the sale this week, and added that Krispy Kreme will become a privately held company.