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Keurig Dr Pepper says it will buy Peet's Coffee owner JDE Peet's in an $18 billion acquisition, with plans to split into two companies afterwards.

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Keurig Dr Pepper acquires JDE Peet's for $18 billion, splitting into two companies: Beverage Co. and Global Coffee Co., creating the world's largest pure-play coffee company.

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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 ...

Keurig Dr Pepper acquires JDE Peet’s for €15.7 billion, creating a global coffee giant and expanding innovation in the coffee market.