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Keurig Dr Pepper shares slid 3.2% premarket after announcing an $18.4 billion takeover of Dutch coffee giant JDE Peet's and a major reorganisation. The company will split into Global Coffee Co. ($16 billion sales) and Beverage Co. ($11 billion sales), led by its CFO and CEO. The 31.85€/share deal is a 20% premium to JDE's last close.
short by / 05:05 pm on 25 Aug
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