Investment holding company JAB has completed the acquisition of Mondelez's 86 million shares in coffee retailer JDE Peet's NV. The deal, valued at €2.16 billion, involves distributing 43 million shares at €25.10 per share to boost the free float. This strategic move is expected to significantly increase the free float of JDE Peet's shares. Following the acquisition, JDE Peet's saw a notable increase in its stock price, rising by 15.5%. JAB's total investment in the buyout is reported to be $2.4 billion.