Source: CNBC
“Keurig Dr Pepper will acquire Dutch coffee and tea company JDE Peet’s in a roughly $18 billion deal that could give a boost to the U.S. giant’s struggling coffee business, the two companies said Monday. The deal was first reported by the Wall Street Journal. Keurig Dr Pepper will pay JDE Peet’s shareholders 31.85 euros ($37.3) per share in cash, representing a 33% premium on the Dutch’s firm’s 90-day volume-weighted average stock price, which represents a total equity purchase of 15.7 billion euros ($18.4 billion). JDE Peet’s will, meanwhile, pay out a previously declared dividend of 0.36 euros per share prior to the deal closing.” (08/25/25)