Oracle’s cloud and AI pivot drives revenue growth and a strong backlog, but high capex and debt pose risks. Read why I rate ...
Burlington-based Keurig Dr Pepper Inc. is raising $7 billion from Apollo and KKR to help finance its acquisition of JDE Peet’s NV, aiming to ease investor concerns about taking on too much debt. Wall ...
As the second-largest global coffee manufacturer behind Nestlé, JDE Peet’s aims to be a disruptor and driver of innovation in the coffee sector, supported by a sizable portfolio of local and regional ...
Activist investor Starboard Value has taken a stake in Keurig Dr Pepper, coinciding with the company's announcement of its plan to acquire European coffee maker JDE Peet's for approx. $18 billion.
Keurig Dr Pepper Inc. announced an $18 billion all-cash deal to acquire Dutch-based JDE Peet’s NV on Monday, a major bet on coffee for the U.S. drinks giant, whose stock has been struggling for years.
The transaction will create two independent, publicly traded companies. "Today's announcement marks a transformational moment in the beverage industry, as we build on KDP's disruptive legacy by ...
A new coffee giant could be brewing. The American beverage firm Keurig Dr Pepper plans to buy JDE Peet’s, the European parent company of California’s gourmet coffee trailblazer, Peet’s Coffee, in an ...
Keurig Dr Pepper said Monday it will buy Peet's Coffee owner JDE Peet's in a deal worth about $18 billion, with plans to split into two separate companies after the acquisition closes. One of the two ...
Keurig Dr Pepper announced it will acquire coffee and tea firm JDE Peet’s in a deal worth around $18.3 billion, and the combined entity will then split its coffee and beverage businesses, in a move ...
Update: Adds Keurig Dr Pepper, JDE Peet's stock moves. The American beverage and coffee maker will pay JDE Peet's (OTCPK:JDEPF) shareholders €31.85 per share in cash, a 33% premium to JDE Peet's ...
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