Krispy Kreme doughnuts are displayed in a shop in Washington, DC, on May 9, 2016.
US doughnut chain Krispy Kreme is being bought by the German investment group JAB Holding, folding it into JAB's strong portfolio of European and North American coffee and coffee-shop brands. JAB said that its unit JAB Beech would pay $1.35 billion to take the New York Stock Exchange-listed Krispy Kreme Doughnuts private.
/ AFP / Nicholas Kamm (Photo credit should read NICHOLAS KAMM/AFP via Getty Images)
