In one of the largest buyouts in the U.S. this year, Keurig Dr Pepper agreed to acquire the owner of Peet's Coffee in a deal valued at more than $18 billion. KDP plans to eventually split the two companies into two publicly traded companies. KDP will pay Amsterdam-based JDE Peet's shareholders 31.85 euros, or about $37, per share in cash.
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Keurig Dr Pepper To Acquire Peet's Coffee Parent. They Won't Stay Together For Long.
Published 2 months ago
Aug 25, 2025 at 4:13 PM
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