Pret's private equity owner, Bridgepoint, bought the chain at the height of the buyout boom in 2008 for 500 million euros.
JAB, run by Peter Harf, Bart Becht and Olivier Goudet, has spent more than $30 billion (U.S.) building its coffee-focused empire, which also includes Keurig Green Mountain Inc. of the USA and three chains in Europe - Espresso House in Sweden, Baresso in Denmark and Balzac in Germany.
Pret has 530 locations, known largely for sandwiches and salads.
In a tweet Tuesday morning, Pret CEO Clive Schlee announced the company would give each of the chain's 12,000 employees 1,000 pounds, the equivalent of about $1,300, upon the closing of the deal.
Bridgepoint, which bought Pret for £364m a decade ago, had been considering listing the firm in NY. JAB is said to be preparing to open more Pret locations in the USA, drawing on its background in coffee to drive growth. Last year, Bridgepoint reportedly considered taking Pret to the stock markets through an initial public offering - but ultimately made a decision to sell the company outright.
"We look forward to working with Clive Schlee and his management team, while promoting the Pret brand and supporting Pret's impressive culture for the next phase in the company's growth with JAB". The Financial Times reported earlier on the deal and the purchase price. In January, JAB's Keurig Green Mountain Inc. agreed to take control of Dr Pepper Snapple Group Inc. for $18.7 billion.
JAB, run by Peter Harf, Bart Becht and Olivier Goudet, also is the largest shareholder in beauty company Coty Inc., owns a controlling stake in luxury goods company Bally and has a minority holding in consumer-goods maker Reckitt Benckiser Plc.
Each game has its own storefront, and Valve reviews and approves those storefronts before developers can sell their games. Developer Revived Games has placed a disclaimer on its store front stating: " Please do not take any of this seriously ".
Meanwhile, " Fortnite " is now the largest free-to-play console game of all time, and it's dominating PC and mobile as well. One thing that is certain, however, is that Epic definitely has the cash to withstand any lingering fines or legal fees.
Hamilton finished third in Monaco, one spot behind Vettel, and now leads the German by 14 points, with Ricciardo 24 further back. Ocon's finish propelled Force India to 6th place in the Constructors' Championship - 7 points ahead of Toro Rosso.
Perhaps alarmingly for Warriors fans, Kerr admitted he didn't know when Iguodala will be healthy enough to play in the Finals. Maybe more than the style of play is who is executing it and the Rockets just didn't have the shooters the Warriors do.
While it's the least-likely possibility, this tease could also hint at a new game reveal coming at Bethesda's E3 showcase. Earlier this afternoon, Bethesda tweeted out an image that seemed to be relating to some sort of Fallout announcement .
Per NBC, Monday night's game was up 7 percent from Predators/Penguins a year ago and up 36 percent from Sharks/Penguins in 2016. And in these playoffs, the latter belongs to the Golden Knights. "I'm sure the next game is going to be a better game".
And many business owners are still paying off the debt they incurred after the last flood smashed their businesses and properties. Howard County Police Chief Gary Gardner says witnesses saw the man go under the water Sunday evening, and he did not surface.
Vedanta chairman, Indian-born billionaire Anil Agarwal , has since claimed he was confident his plant had "zero discharge". Palaniswami, said police had been forced to act after the protests turned violent, and that nine people had been killed.
Starbucks said the arrests never should have occurred and announced the mass closures of its stores for the afternoon of training. They reached a settlement with the city for a symbolic $1 each, and a promise to set up a program for young entrepreneurs.
President Trump's chief of staff, John Kelly, arrives for a ceremony on the South Lawn of the White House on Monday. In a tweet Thursday morning he called it "one of the biggest political scandals in USA history".
The Chinese navy ordered them to leave and expelled them from the area, according to the state news agency Xinhua. In a separate statement, China's Foreign Ministry urged the United States to stop such actions.
After Lincoln's departure, Reedus and co-star Melissa McBride , who plays Carol, will be the longest tenured actors on the series. CBR has reached out to AMC for comment. " The Walking Dead " wrapped its eighth season in April.