Keurig Dr Pepper to acquire Dutch coffee company JDE Peet's for $18 billion
Core Points - Keurig Dr Pepper will acquire JDE Peet's for approximately $18 billion, marking a significant expansion in the beverage sector [1] - The acquisition price is set at 31.85 euros ($37.3) per share, which represents a 33% premium over JDE Peet's 90-day volume-weighted average stock price, totaling an equity purchase of 15.7 billion euros ($18.4 billion) [2] - Following the acquisition, Keurig Dr Pepper plans to separate its beverage and coffee units into two distinct, U.S.-listed companies, effectively reversing the 2018 merger that created the third-largest beverage company in North America with around $11 billion in annual revenues [3]