Oct 21 (Reuters) - German conglomerate JAB has agreed to

acquire Mondelez's ( MDLZ ) 86 million shares in Dutch coffee

maker JDE Peet's for 25.10 euros per share, amounting

to a total of 2.2 billion euros ($2.4 billion).

Following the transaction, JAB's stake in JDE Peet's will

increase to 68%, JAB said in a statement.

Additionally, JDE Peet said it had appointed Rafael Oliveira

as its chief executive officer, effective Nov. 1.

($1 = 0.9213 euros)