financetom
Business
financetom
/
Business
/
Keurig Dr Pepper nears $18-billion deal for Dutch coffee company JDE Peet's, WSJ reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Keurig Dr Pepper nears $18-billion deal for Dutch coffee company JDE Peet's, WSJ reports
Aug 24, 2025 3:35 PM

Aug 24 (Reuters) - Keurig Dr Pepper ( KDP ) is close to

a roughly $18-billion deal to buy Dutch coffee company JDE

Peet's, the Wall Street Journal reported on Sunday,

citing people familiar with the matter.

After combining, the companies are planning to separate the

beverage and coffee units, the report said.

Reuters could not immediately verify the report. Keurig Dr

Pepper ( KDP ) and JDE Peet's did not immediately respond to requests

for comment.

JDE Peet's, known for its L'Or, Tassimo and Douwe Egberts

brands, has a market valuation of about $15 billion, while

Keurig Dr Pepper ( KDP ) is valued at nearly $50 billion, according to

LSEG data.

JDE Peet's lifted its annual forecasts last month after

reporting consensus-beating half-year adjusted operating

earnings of 709 million euros ($831.09 million), thanks to sales

growth that defied already-high coffee prices.

Last year, Keurig Dr Pepper ( KDP ) bought a 60% stake in

energy-drink maker Ghost for $990 million, planning to purchase

the rest in 2028, to spruce up its refreshment beverages

portfolio.

($1 = 0.8531 euros)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Palantir Technologies Unusual Options Activity
Palantir Technologies Unusual Options Activity
Dec 18, 2024
Whales with a lot of money to spend have taken a noticeably bullish stance on Palantir Technologies ( PLTR ). Looking at options history for Palantir Technologies ( PLTR ) we detected 52 trades. If we consider the specifics of each trade, it is accurate to state that 40% of the investors opened trades with bullish expectations and 40% with...
BRIEF-Chicago Atlantic, Lineage Merchant Partners Announce Mergers In Cannabis Industry
BRIEF-Chicago Atlantic, Lineage Merchant Partners Announce Mergers In Cannabis Industry
Dec 18, 2024
Dec 18 (Reuters) - Chicago Atlantic: * CHICAGO ATLANTIC AND LINEAGE MERCHANT PARTNERS ANNOUNCE TRANSFORMATIVE MERGER AGREEMENTS IN THE CANNABIS INDUSTRY * CHICAGO ATLANTIC: MERGER AGREEMENTS WITH WHOLESOMECO CANNABIS AND PROPER CANNABIS INCLUDE ACQUISITION OF ARCHES * CHICAGO ATLANTIC: VIREO SIGNED A BINDING MOU TO ACQUIRE THE FLOWERY Source text: Further company coverage: ...
Jabil Beats First-Quarter Views, Lifts Full-Year Outlook; Shares Rise Intraday
Jabil Beats First-Quarter Views, Lifts Full-Year Outlook; Shares Rise Intraday
Dec 18, 2024
11:14 AM EST, 12/18/2024 (MT Newswires) -- Shares of Jabil ( JBL ) advanced intraday Wednesday after the manufacturing solutions provider reported smaller-than-expected declines in fiscal first-quarter results while raising its 2025 outlook. Revenue dipped to $6.99 billion for the three months ended Nov. 30 from $8.39 billion the year earlier but surpassed the $6.61 billion average analyst estimate on...
Looking At Caterpillar's Recent Unusual Options Activity
Looking At Caterpillar's Recent Unusual Options Activity
Dec 18, 2024
Investors with a lot of money to spend have taken a bearish stance on Caterpillar ( CAT ) . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big...
Copyright 2023-2026 - www.financetom.com All Rights Reserved