Keurig Dr Pepper to acquire JDE Peets in $18 billion deal, splitting into two separate companies

Keurig Dr Pepper announced it will acquire European coffee company JDE Peets for roughly $18 billion in an all-cash transaction, resulting in the splitting of Keurig Dr Pepper into two separate entities: one focusing on coffee and the other on soft drinks. Why it matters: This strategic move reflects the ongoing efforts of food and [] The post Keurig Dr Pepper to acquire JDE Peets in $18 billion deal, splitting into two separate companies appeared first on Techpinions.