Keurig Dr Pepper Strikes $18.4bn Deal for JDE Peet’s in Major Coffee Merger
Keurig Dr Pepper (KDP) has agreed to acquire Dutch coffee company JDE Peet’s in a €15.7 billion ($18.4 billion; £13.6 billion) deal, marking the biggest European takeover in more than two years. The agreement will split the combined businesses into two US-listed entities – one dedicated to global coffee brands such as Douwe Egberts, Peet’s,…