OldTown Berhad

In December 2017, Jacobs Douwe Egberts (JDE, a Dutch coffee company) made an offer to acquire OldTown Berhad (OTB), a Malaysian coffee company. Three large shareholders, representing more than half of the outstanding shares, have agreed to tender their shares and analysts who follow OTB are recommending that investors accept the offer. The remaining shareholders must decide if the acquisition offer is reasonable and whether to tender their shares or not.
Collection: HBSP (USA)
Ref: HBS-218058-E
Format: PDF
Number of pages: 10
Publication Date: Jan 10, 2018
Language: English

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Description

In December 2017, Jacobs Douwe Egberts (JDE, a Dutch coffee company) made an offer to acquire OldTown Berhad (OTB), a Malaysian coffee company. Three large shareholders, representing more than half of the outstanding shares, have agreed to tender their shares and analysts who follow OTB are recommending that investors accept the offer. The remaining shareholders must decide if the acquisition offer is reasonable and whether to tender their shares or not.
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Year: 2017
Geographic Setting: Asia;Malaysia;Netherlands;Singapore
Industry Setting: Food; Food & Beverage; Retail trade

OldTown Berhad

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"OldTown Berhad"