Jarden Corp. buys Yankee Candle for £1.2 billion

Jarden Corporation, best known for its Mr Coffee brand, has agreed to the purchase of Yankee Candlee Co Inc. for $1.75 billion (£1.2 billion) from private equity firm Madison Dearborn Partners LLC. The candle maker’s chief executive, Harlan Kent, commented that the deal “won’t change our winning formula”, adding that he was “very proud of […]

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