Keurig Dr Pepper to unwind merger after $18B Peet’s Coffee acquisition
TL;DR Summary
Keurig Dr Pepper plans to unwind its 2018 merger by acquiring Peet's Coffee for $18 billion and then splitting into two separate companies focused on coffee and cold beverages, aiming to enhance agility and growth in their respective markets.
- Keurig Dr. Pepper to unwind merger after buying Peet’s Coffee for $18 billion PBS
- Keurig Dr Pepper to buy Peet's coffee owner in $18B deal Fox Business
- Dr Pepper takes a shot at Nestle with $18 bln takeover of Dutch coffee giant Reuters
- Keurig Dr Pepper will buy a Dutch coffee group for over $18 billion and split into two companies CNN
- Dr Pepper will unwind its merger with Keurig 7 years ago after buying Peet’s for $18 billion AP News
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