Keurig Dr Pepper Fundraising for $18B Takeover

about 2 months ago

Carol Masser

"KDP. I\'m just going to say KDP. Cur Pepper. Who? Oh, wait. What other way would you... Sharers jump as much as 10%. That\'s the biggest intraday gain since March 2020. So, it did pair back some of those gains. So, it closed 7.6% in the green. So, curig Dr. Pepper is raising $7 billion from private equity giants Apollo and KKR. That\'s to help finance its planned $18 billion takeover of JDE Pete, which I haven\'t tried by the way."

The segment discusses Keurig Dr Pepper\'s strong intraday performance and its strategic move to raise $7 billion from private equity to finance an $18 billion takeover. The details suggest a positive outlook on the operational restructuring and reduced debt load.

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