Keurig Dr Pepper to Acquire Peet's in $18 Billion Deal

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Source: Fox Business
Keurig Dr Pepper to Acquire Peet's in $18 Billion Deal
Photo: Fox Business
TL;DR

Keurig Dr Pepper is acquiring Dutch coffee company JDE Peet's in an $18 billion all-cash deal and plans to split into two separate publicly traded companies, one focusing on beverages and the other on coffee, to enhance growth and shareholder value.

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