11:20 AM EDT, 08/25/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

KDP announced the acquisition of coffee company JDE Peet's N.V. (JDEP EUR31 NR) for $18.4B in cash, representing a 33% premium to the stock's 90-day volume-weighted average price. The deal values JDEP at approximately 9.9x 2024 EBITDA. Following the acquisition, KDP plans to spin-off the combined entity into two separate companies. One will be Global Coffee Co., which will become the world's largest pure-play coffee company with roughly $16B in combined annual net sales. The remaining Beverage Co. will have annual net sales of roughly $11B, led by its best-selling soft drink brand Dr Pepper. First and foremost, we think this is a deal intended to serve the interests of European consumer brands conglomerate JAB Holdings, which has a 69% voting interest in JDEP. The acquisition is expected to close in 1H 2026, with separation into two U.S.-listed beverage companies following. We think the announcement is likely to act as an overhang for KDP shares, as we think the deal is much better for the acquiree.