Keurig Dr Pepper Nears $18 Billion Acquisition of JDE Peet’s

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Source: Financial Times
Keurig Dr Pepper Nears $18 Billion Acquisition of JDE Peet’s
Photo: Financial Times
TL;DR

Keurig Dr Pepper is close to an $18 billion deal to acquire European coffee company JDE Peet’s, which could lead to a breakup of the current merger between Keurig and Dr Pepper, focusing on separating their coffee and soft drinks units to unlock value, amid challenges in the coffee segment and strategic shifts in their portfolio.

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