Keurig Dr Pepper to Acquire JDE Peet’s for $18 Billion
TL;DR Summary
Keurig Dr Pepper plans to acquire European coffee company JDE Peet’s for $18 billion, aiming to split into two focused beverage companies—one on coffee and the other on soft drinks—effectively undoing its 2018 merger with Dr Pepper. The deal reflects shifts in consumer demand and challenges in the coffee industry, with the new focus on coffee innovation and growth, pending regulatory approval expected in 2026.
- Keurig Dr Pepper to Acquire Peet’s in $18 Billion Deal The New York Times
- Keurig Dr Pepper to buy Dutch coffee company JDE Peet's for over $18 billion Reuters
- Keurig Dr Pepper to buy Peet’s Coffee owner in $18 billion deal The Hill
- Keurig Dr Pepper strikes €16bn deal to buy European coffee group JDE Peet’s Financial Times
- Keurig Dr Pepper Said Near $18 Billion Deal for JDE Peet’s Bloomberg.com
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