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. Deal includes a $37.22 per share payment for JDE Peet's shareholders. 3. Post-acquisition, coffee and beverage businesses will separate into distinct entities. 4. JDE Peet's share price rose 17.33% after the acquisition news. 5. Tariffs on Brazilian coffee are affecting pricing strategies for both companies.