JAB Holdings acquires majority stake in UK sandwich shop chain for US$1.73bn

UK - The privately-held investment firm, JAB Holdings has acquired the majority stake in Pret A Manger, a UK-based sandwich shop chain for US$1.73 billion with the deal expected to be completed during summer. Pret, previously owned by an international private equity firm, Bridgepoint was founded in 1983, boasts of more than 500 stores worldwide…