Ryan Woldt (@roastwestcoast.bsky.social)

Keurig Dr Pepper to buy Dutch JDE Peet's for $18 billion to pursue coffee ambition (Reuters) -U.S.-listed Keurig Dr Pepper has agreed to buy Dutch company JDE Peet's for 15.7 billion euros ($18.4 billion) in cash, aiming to establish a global coffee champion in the face of growing trade challenges. Under the terms of the deal, the maker of 7UP and Dr Pepper sodas will offer 31.85 euros for each JDE Peet's share, representing around a 20% premium on the Dutch company's closing market price on Friday. The deal, billed as one of Europe’s largest acquisitions in over two years, proposes splitting the merged entity’s coffee operations and other beverage businesses into two separate publicly listed companies. https://finance.yahoo.com/news/keurig-dr-pepper-nears-18-214500455.html