Keurig’s Coffee Union Foams, But A Split Is Already Brewing
Government
One wedding, one divorce. That’s how American group Keurig Dr. Pepper pitched to Wall Street its €15.7 billion (about $18 billion) takeover of Dutch coffee giant JDE Peet’s. When CEO Tim Cofer announced the deal in August, he barely paused before revealing his next move: a plan to split the enlarged company into two publicly listed entities on the US stock market by 2026. The logic is simple: focus. The first entity, to be called Global Coffee, will bring together $16 billion in revenues across
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