Keurig Dr Pepper Slides In Premarket After Announcing $18 Billion JDE Peet's Acquisition
1. Keurig Dr Pepper will acquire JDE Peet's for $18.3 billion. 2. The deal offers JDE Peet's shareholders a 20% premium per share. 3. Post-acquisition, coffee brands will be spun off into a new entity. 4. Keurig's shares fell by 3.91% pre-market, while JDE Peet's surged 17.33%. 5. Tariffs on Brazilian coffee might lead to price increases for both companies.