Keurig Dr Pepper falls as co to buy Dutch coffee company JDE Peet's

JDE Peets NV

25/08/2025 15:34

Updates

** Keurig Dr Pepper KDP.O shares down 9% at $32.13

** Co to buy Dutch coffee company JDE Peet's JDEP.AS for 15.7 billion euros ($18.4 billion) in cash

** The deal offers a 20% premium to JDEP's closing market price on Friday

** The merged company, aiming to expand its coffee offering to more than 100 countries, plans to separate its beverage and coffee units "as soon as practicable", Keurig said

** YTD, KDP stock up ~9.3%

 (Reporting by Joel Jose and Anshi Sancheti in Bengaluru)

 ((joeljose@thomsonreuters.com;))