Starbucks Closes Teavana Acquisition
31 Décembre 2012 - 10:05PM
Business Wire
Starbucks Coffee Company (NASDAQ:SBUX) today announced that the
company’s planned acquisition of Teavana Holdings, Inc. (NYSE:TEA)
has formally closed, making Teavana a wholly-owned subsidiary of
Starbucks and the newest addition to Starbucks emerging brands
portfolio, which also includes Evolution Fresh, La Boulange,
Seattle’s Best Coffee and Tazo.
Starbucks acquired Teavana for an aggregate acquisition price of
approximately $620 million in cash and is expecting the acquisition
to be accretive to earnings by approximately $0.01 per share in
fiscal year 2013, based upon the previously announced earnings
targets. Teavana public stockholders of record will receive $15.50
per share in cash.
Find more details about the future of Teavana and tea at
Starbucks by reading a blog posted today by Jeff Hansberry,
president, Channel Development and Emerging Brands.
About Starbucks Corporation
Since 1971, Starbucks Coffee Company has been committed to
ethically sourcing and roasting the highest-quality arabica coffee
in the world. Today, with stores around the globe, the company is
the premier roaster and retailer of specialty coffee in the world.
Through our unwavering commitment to excellence and our guiding
principles, we bring the unique Starbucks Experience to life for
every customer through every cup. To share in the experience,
please visit us in our stores or online at www.starbucks.com.
About Teavana
Founded in 1997, the company offers new tea enthusiasts and tea
connoisseurs alike its "Heaven of Tea" retail experience where
passionate and knowledgeable "Teaologists" engage and educate them
about the ritual and enjoyment of tea. The company's mission is to
establish Teavana as the most recognized and respected brand in the
tea industry by expanding the culture of tea across the world. For
more information, visit http://www.teavana.com.
Forward-Looking Statements
Certain statements contained herein are “forward-looking
statements” within the meaning of the applicable securities laws
and regulations. Generally, these statements can be identified by
the use of words such as “anticipate,” “believe,” “could,”
“estimate,” “expect,” “feel,” “forecast,” “intend,” “may,” “plan,”
“potential,” “project,” “should,” “will,” “would,” and similar
expressions intended to identify forward-looking statements,
although not all forward-looking statements contain these
identifying words. These statements are based on information
available to Starbucks as of the date hereof, and Starbucks actual
results or performance could differ materially from those stated or
implied, due to risks and uncertainties associated with its
business. These risks and uncertainties include: evolving
understanding of the definition of and consumer preference for
super-premium tea; continued growth in the health and wellness
sector and market acceptance of Starbucks in that sector; the
ability of Starbucks to accelerate its growth in the health and
wellness sector and in the tea category; the potential introduction
of super-premium tea by new market entrants; the ability of
Starbucks to successfully integrate Teavana; the long-term success
of Starbucks strategy to innovate with new products, enter new
categories and expand into new channels of distribution; the
outcome of any legal proceedings that may be instituted against
Teavana and others related to the transaction; the ability to
retain certain key employees of Teavana; and the risk factors
disclosed in Starbucks most recent Annual Report on Form 10-K,
which Starbucks filed with the Securities and Exchange Commission
on November 16, 2012. Forward-looking statements reflect
management’s analysis as of the date of this release. Starbucks
does not undertake to revise these statements to reflect subsequent
developments, except as required under the federal securities
laws.
Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20121231005194/en/
Teavana Holdings, Inc. (NYSE:TEA)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
Teavana Holdings, Inc. (NYSE:TEA)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024