Tuesday, April 11, 2017

Buffett-backed firm interested in bid for Panera Bread

Image result for panera breadJAB Holding may have competition for Panera Bread, The Post has learned.

Brazilian private equity giant 3G Capital is seriously weighing a rival bid for the 2,036-store chain, sources close to the situation said.

3G, which counts Warren Buffett as a backer — and owns Burger King and Tim Hortons and recently agreed to buy Popeyes Louisiana Kitchen — has hired investment bank Lazard to study the possibility of a bid, sources said.. . . more

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