Keurig Dr Pepper to Acquire JDE Peet’s for $18 Billion

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Source: CNBC
Keurig Dr Pepper to Acquire JDE Peet’s for $18 Billion
Photo: CNBC
TL;DR Summary

Keurig Dr Pepper is acquiring Dutch coffee and tea company JDE Peet's for approximately $18 billion, paying a 33% premium, and plans to split into separate beverage and coffee companies post-acquisition, effectively unwinding its 2018 merger with Dr Pepper Snapple.

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