Burlington-based Keurig Dr Pepper Inc. is raising $7 billion from Apollo and KKR to help finance its acquisition of JDE Peet’s NV, aiming to ease investor concerns about taking on too much debt. Wall ...
Activist investor Starboard Value has taken a stake in Keurig Dr Pepper, coinciding with the company's announcement of its plan to acquire European coffee maker JDE Peet's for approx. $18 billion.
Keurig Dr Pepper Inc. announced an $18 billion all-cash deal to acquire Dutch-based JDE Peet’s NV on Monday, a major bet on coffee for the U.S. drinks giant, whose stock has been struggling for years.
The outgoing chief executive of JDE Peet’s NV could be in for a bumper payday after less than a year’s work at the helm of the Dutch coffee maker. Options held by Rafa Oliveira could be cashed in if ...
The transaction will create two independent, publicly traded companies. "Today's announcement marks a transformational moment in the beverage industry, as we build on KDP's disruptive legacy by ...
Keurig Dr Pepper Inc. agreed to buy JDE Peet’s NV for €15.7 billion ($18.4 billion) to bolster its struggling coffee business before kicking off a split of its operations. The company will pay €31.85 ...
Keurig Dr Pepper said Monday it will buy Peet's Coffee owner JDE Peet's in a deal worth about $18 billion, with plans to split into two separate companies after the acquisition closes. One of the two ...
Update: Adds Keurig Dr Pepper, JDE Peet's stock moves. The American beverage and coffee maker will pay JDE Peet's (OTCPK:JDEPF) shareholders €31.85 per share in cash, a 33% premium to JDE Peet's ...
Keurig Dr Pepper (NASDAQ:KDP) is close to a ~$18B deal for European coffee company JDE Peet’s (OTCPK:JDEPF) (OTCPK:JDEPY), The Wall Street Journal reported Sunday. The combined company plans to later ...
Aug. 25 (UPI) --The Keurig Dr Pepper beverage company announced Monday that it will acquire the JDE Peet's coffee business and then split into two companies. The deal will see Keurig Dr Pepper buy JDE ...
Keurig Dr Pepper and JDE Peet's have entered into an agreement, valued at $18 billion, under which KDP will acquire JDE Peet's in an all-cash transaction, the companies said Monday. Keurig Dr Pepper ...
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