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Keurig Dr. Pepper to unwind merger after buying Peet’s Coffee for $18 billion

Keurig Dr. Pepper to unwind merger after buying Peet’s Coffee for $18 billion
business8/25/2025

Shares of Keurig Dr Pepper fell 7% in early trading Monday.

NEW YORK (AP) — Less than a decade after their merger, Keurig and Dr Pepper plan to become separate companies again. Keurig Dr Pepper said Monday it is buying the owner of Peet’s Coffee in an $18 billion (15.7 billion euro) deal. Then it will break i... [2964 chars]