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Dr Pepper buys Peet's for $18 billion and will split into separate coffee and cold drink sellers
Keurig Dr Pepper says it will buy Peet’s Coffee owner JDE Peet’s in an $18 billion (15.7 billion euro) deal. Peet’s has 18 ...
PRIMETIMER on MSN21h
Keurig Dr Pepper to reshape beverage market with $18B JDE Peet’s acquisition and split
In a bold $18B move, Keurig Dr Pepper buys JDE Peet’s and will split coffee from soft drinks to focus on growth in both markets.
Initially, Keurig Dr Pepper will purchase a 60% stake in GHOST, followed by an acquisition of the remaining 40% stake in 2028. The initial transaction is expected to close in late 2024 or early ...
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