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JAB Holding

Apr 22, 2025

Krispy Kreme investor to acquire Roanoke’s Shenandoah Life in deal

JAB Holding Co., the Luxembourg-based holding company that owns a majority stake in Krispy Kreme doughnuts, plans to pay $3.1 billion to buy Prosperity Life Group, parent company of Roanoke-based Shenandoah Life Insurance, according to a filing made last month with the State Corporation Commission. Applications for approval of acquisition of an insurer typically take […]

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