KDP Stock Recent News
KDP LATEST HEADLINES
It's buying Dutch coffee company JDE Peet's. Transcript: CAROLINE WOODS: Keurig Dr Pepper is shaking up the coffee and soda world - with a blockbuster $18 billion deal to buy Dutch coffee and tea giant JDE Peet's.
Keurig Dr Pepper Inc (NASDAQ:KDP) announced it has agreed to acquire Dutch coffee and tea company JDE Peet's in an all-cash deal valued at about $18 billion. The pending takeover is expected to perk up Keurig's sluggish coffee business.
Ratings agency S&P Global put a negative credit outlook on U.S. soft drinks giant Keurig Dr Pepper after the company announced Monday it will buy Dutch coffee group JDE Peet's.
Shares of Keurig Dr Pepper Inc (NASDAQ:KDP) are 7.5% lower to trade at $32.49 this morning, after the company said it plans to buy Peet's Coffee parent JDE Peet's for $18 billion and then separate into two parts.
Morning Brief anchor Allie Canal breaks down the latest market news for August 25, 2025. Jefferies is the latest firm to raise their S&P 500 price target, boosting it from 5,600 to 6,600.
Keurig Dr Pepper will acquire Dutch firm JDE Peet's in an $18 billion deal and plans to split up its beverage and coffee units into two independent companies.
Keurig Dr Pepper (NASDAQ: KDP) is nearing a roughly $18-billion agreement to acquire Dutch coffee company JDE Peet's, with both parties planning to separate the beverage and coffee operations after combining, The Wall Street Journal reported. The contemplated transaction would create the world's largest pure-play coffee company while enabling KDP to pursue its core beverage business independently.
In premarket trading early on Monday, Keurig's shares are down 3.91% to $33.76. JDE Peet's Amsterdam-listed shares surged to $36.40 after the announcement, rising 17.33% from Friday's close.
Keurig Dr Pepper on Monday announced it would buy Dutch company JDE Peet's for 15.7 billion euros ($18.4 billion) in cash, in a bid to create a global coffee heavyweight.
Keurig Dr. Pepper (KDP) on Monday said it has struck a deal to buy JDE Peet's for 15.7 billion euros ($18.4 billion) in cash, then plans to separate its coffee and beverage businesses.