Keurig Dr Pepper Strikes $18 Billion Deal to Create Global Coffee Giant
Keurig Dr Pepper has agreed to buy Dutch coffee group JDE Peet’s for 15.7 billion euros ($18.4 billion) in cash, in a move that could reshape the global coffee market. The U.S.-listed drinks company, best known for 7UP and Dr Pepper, will pay 31.85 euros per share, about 20% above JDE Peet’s Friday closing price….