LONDON/ZURICH/LOS ANGELES (Reuters) – Nestle’s $7 billion licensing deal for Starbucks’ retail business gives it a much-needed boost in its battle against JAB, the privately owned investment firm stirring up the coffee industry with a string of deals. JAB, the family office of Europe’s billionaire Reimann clan, has built up the world’s second-largest coffee business over the past five years.
Source:: Reuters – Business News
