Sara Lee Snags Dutch Coffee Chain Ahead Of Split

Law360, New York (December 12, 2011, 6:04 PM EST) -- Sara Lee Corp. has struck a deal to buy CoffeeCompany, a Dutch cafe operator majority owned by private equity firm KRC Capital, as part of an effort to boost its coffee business before splitting into two publicly traded companies, Sara Lee said Monday.

Sara Lee has executed a flurry of acquisitions and divestitures since announcing in January that it would divide its remaining operations into a North American retail meats business and an international coffee and tea company. Financial terms of Monday's deal were not disclosed....
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