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Panera Brands is exploring the sale of its coffee and bagel chains, according to sources. The company, which is owned by JAB Holding Company, is considering this move as part of a strategy to focus on its core concepts. This decision comes ahead of an anticipated initial public offering (IPO). The divestment was reported by Reuters (RTRS).
Did not realize Panera was pivoting to an AI company? How can I invest? https://t.co/n3F8FPAUcj
Panera Brands explores sale of coffee, bagel chains, sources say https://t.co/vcxSh0KJLp https://t.co/iTznRmysqj
JAB and Panera divesting. Concentrating on core concepts with IPO coming: Panera Brands explores sale of coffee, bagel chains, sources say https://t.co/hTimZRU9dm
