Keurig Dr Pepper is close to an $18 billion deal for JDE Peet's, with an announcement possible Monday, the Wall Street Journal reported citing sources familiar with the matter. Post-acquisition, Keurig plans to split its soda and coffee units, undoing its 2018 merger. The move aims to revive its sluggish coffee arm with brands like L'OR and Tassimo.
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09:22 am on
25 Aug