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Keurig Dr Pepper buys Peet's, with plans to spin off coffee business
Keurig Dr Pepper plans to spend $18 billion to buy the Dutch company JDE Peet’s. The firm will then split in two, separating its soft drink business from its coffee business entirely. This is just the latest chapter in a now decades-long corporate trend of spinning off disparate business segments into independent companies.
Keurig Dr Pepper’s $18 bln buyout of JDE Peet’s cashes out backer JAB after years of stale performance. A planned split from ...
Keurig said Dr Pepper Snapple shareholders will receive $103.75 per share in a special cash dividend and keep 13 percent of the combined company.
In a recent interview, Keurig Dr Pepper’s CEO Tim Cofer told Fortune that he always starts his day at 5:30 a.m. with a fresh cup of coffee. By 6:30 a.m., he’s already finished his second. At ...
Keurig Dr Pepper Inc (NYSE: KDP) has strong exposure to the at-home coffee segment that will prove to be a winner even in the post-COVID world, according to Morgan Stanley.
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