Keurig Dr Pepper to buy JDE Peet's in $18B deal that will make two new public companies
1. KDP to acquire JDE Peet's for $18 billion, splitting into two companies. 2. Purchase offers a 33% premium per share, enhancing shareholder value. 3. KDP's beverage sales grew 11% last quarter, signaling market strength. 4. Coffee business might face challenges from Brazilian tariffs and weather. 5. CEO affirms strategic timing, offering growth opportunities post-acquisition.