NasdaqGS:KDPBeverage
Keurig Dr Pepper Split Creates Two Coffee And Beverage Valuation Stories
Keurig Dr Pepper (NasdaqGS:KDP) has completed its acquisition of JDE Peet's, creating a broader global coffee platform.
The company plans to separate into two public businesses, Beverage Co. and Global Coffee Co., in a significant shift in corporate structure.
The split is designed to give each business a more focused mandate in packaged beverages and coffee, respectively.
Keurig Dr Pepper, trading at $29.22, is entering a new phase with this reorganization, following a mixed share...