KDP sells Chobani stake and facility for $925 million to reduce debt
Proceeds support deleveraging while expanding commercial distribution ties with Chobani for La Colombe products.
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Non-alcoholic beverage and coffee products company
keurigdrpepper.comLast updated
In short: KDP completed its $18 billion acquisition of JDE Peet's and progressed with plans to separate into two independent companies by 2027.
Proceeds support deleveraging while expanding commercial distribution ties with Chobani for La Colombe products.
The former Cardinal Health CFO joins the Audit and Finance Committee to support upcoming separation into Beverage Co. and Global Coffee Co.
Adjusted diluted EPS rose 16.3% to $0.57, while constant currency net sales increased 74.6%. The company maintains its full-year outlook ahead of the 2027 separation.
The company held its National Sales Meeting to celebrate past achievements and outline its split into two separate businesses.
Bank of America sees a potentially significant value unlock in Keurig Dr Pepper (NASDAQ:KDP) as the beverage giant prepares to split into two companies in...
Keurig Dr Pepper stock closed at USD 31.46 on September 10, 2026 on Nasdaq after a 1.9 percent decline and insider share sales. The company...
Keurig Dr Pepper Inc. (NASDAQ: KDP) and Chobani today announced a series of transactions that further strengthen their longstanding strategic partnership while advancing the growth...
Keurig Dr Pepper said on Tuesday it would sell its investment in Chobani back to the yogurt maker for $925 million, as the beverage company...
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