Keurig Dr Pepper Rakes in $7 Billion to Fund Strategic Acquisition

about 2 months ago

"Um, Kurig Dr. Pepper have to mention up 7.6% at the close among your top gainers in both the S&P and the NASDAQ 100. Uh, Kurig Dr. Pepper raising 7 billion from Apollo and KKR to help finance its acquisition of JDE Pete's MV. So, you know, the company's planning to separate its beverage and coffee businesses by the end of 2026. Uh, also reported their quarter sales of 4.3 billion."

Keurig Dr Pepper is in focus after reporting gains of 7.6% and announcing a $7 billion capital raise to finance an acquisition and strategically separate its beverage and coffee operations.

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