Overview
- Keurig Dr Pepper is offering €31.85 in cash per JDE Peet's share, valuing the deal at €15.7 billion, with the already declared €0.36 dividend preserved.
- JAB Holding and certain JDE Peet's executives have agreed to tender their stakes, providing pre-commitments covering roughly 69% of the company.
- KDP presents the takeover as a move to create a global coffee leader and to strengthen its underperforming coffee business.
- Following completion, the combined operations are slated to be separated into two U.S.-listed companies, one focused on coffee and the other on beverages.
- Closing is targeted for the first half of 2026 subject to shareholder and regulatory approvals, and JDE Peet's shares rose sharply after the announcement.