Keurig Dr Pepper gains on report of Starboard building stake in company

JDE Peets NV

13/10/2025 18:04

** Shares in Keurig Dr Pepper KDP.O up 2.4% at $26.45

** Activist investor Starboard has built a stake in the beverage group, FT reports

** Starboard started taking a stake in KDP starting August, when it said it would buy European coffeemaker JDE Peet JDEP.AS for about $18 bln - FT

** Including session's move, KDP down ~20% so far this year

 (Reporting by Prerna Bedi in Bengaluru)

 ((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))