Krispy Kreme IPO: What You Need to Know
After spending five years as a private subsidiary of European conglomerate JAB Holding, Krispy Kreme is preparing to return to the public markets. JAB had scooped up the doughnut maker back in 2016 for $21 per share, valuing Krispy Kreme at $1.35 billion at the time, but it's now looking to spin off the company in an initial public offering (IPO). The move comes about a year after JAB similarly took JDE Peet's public.
Krispy Kreme has filed a new S-1 Registration Statement ahead of its return, providing a glimpse into its books. Here's what investors need to know about the upcoming deal.
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Source Fool.com
