Keurig Dr Pepper to buy Peet's coffee owner in $18B deal

Keurig Dr Pepper will acquire Dutch coffee company JDE Peet’s in an $18 billion all-cash deal, the companies announced on Monday.Under the terms of the deal, Keurig Dr Pepper will pay JDE Peet's shareholders 31.85 euros ($37.26) per share in cash, a 33% premium to JDE Peet's 90-day volume-weighted average stock price. This will equate to a total purchase price of 15.7 billion euros ($18.4 billion). Keurig Dr Pepper will pay JDE Peet's shareholders 31.85 euros per share in cash, a 33% premium to JDE Peet's 90-day volume-weighted average stock price. JDE Peet's will also pay a previously declare