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6h ago

Keurig Dr Pepper Launches €15.7 Billion Cash Bid for JDE Peet's

The bid already has tender commitments covering about 69% of JDE Peet's shares.

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15,7-Milliarden-Deal: Keurig Dr Pepper und JDE Peet’s wollen im weltweiten Kaffeemarkt gemeinsam zur Nummer eins aufsteigen.
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Hand of male executive holding coffee cup in cafeteria || Modellfreigabe vorhanden / Mindestpreis 20 Euro

Overview

  • Keurig Dr Pepper is offering €31.85 in cash per share, valuing JDE Peet's at approximately €15.7 billion.
  • Major shareholder JAB Holding and some JDE Peet's executives have agreed to tender, representing roughly 69% of the company.
  • JDE Peet's investors will still receive the previously announced €0.36 per-share dividend.
  • After closing, Keurig Dr Pepper plans to separate the combined business into two U.S.-listed companies focused on coffee and beverages.
  • The companies target completion in the first half of 2026, and JDE Peet's shares jumped on the announcement.