Keurig Dr Pepper Sells Chobani Stake Back for $800M in $925M Deal
Keurig Dr Pepper will sell its minority stake in Chobani for $800 million as part of a $925 million deal that also includes divesting a manufacturing plant for $125 million. The company plans to use proceeds to pay down debt ahead of its split early next year, while Chobani will co-manufacture some products for a limited period under an agreement.
Coverage (22)
- Keurig Dr Pepper to sell stake – and factory – to Chobani (finance.yahoo.com)
- Keurig Dr Pepper to sell stake – and factory – to Chobani (just-drinks.com)
- Keurig Dr Pepper advances strategic priorities through enhanced partnership with Chobani (comunicaffe.com)
- Keurig Dr Pepper to sell stake – and factory – to Chobani (just-food.com)
- Keurig Dr Pepper sells Chobani stake for $800m (fdiforum.net)
- Keurig Dr Pepper to sell Chobani stake and facility for US$925M (dairybusinessmea.com)
- Keurig Dr Pepper and Chobani expand ready-to-drink beverage partnership (vendingmarketwatch.com)
- Texas-based Keurig Dr Pepper sells stake in Chobani ahead of split (wfaa.com)
- Keurig Dr Pepper Advances Strategic Priorities Through Enhanced Partnership with Chobani (news.keurigdrpepper.com)
- Keurig Dr Pepper to sell back Chobani stake, manufacturing site for $925 million (reuters.com)
- Keurig Dr Pepper to sell back Chobani stake for $925 million (spokesman.com)
- Keurig Dr Pepper sells Chobani stake and Pennsylvania factory for $925M (finance.yahoo.com)
- Keurig Dr Pepper sells Chobani stake and Pennsylvania factory for $925M (qz.com)
- Chobani Bets $1.2B on Pennsylvania, Takes Over Keurig Dr Pepper Plant (dairyherd.com)
- Keurig Dr Pepper Reshapes Chobani Manufacturing Partnership Ahead of Split (progressivegrocer.com)
- Chobani to spend $1.2B to buy and invest in Pennsylvania plant (fooddive.com)
- Keurig Dr Pepper to sell Chobani stake and facility for $925 million (investorshub.advfn.com)
- Keurig Dr Pepper Reshapes Chobani Manufacturing Partnership Ahead of Split (consumergoods.com)
- Keurig Dr Pepper Sells Chobani Stake for $800 Million as It Prepares to Split Company (citybiz.co)
- Keurig Dr Pepper to Sell Chobani Stake for $800 Million, Allentown Facilities for $125 Million (finance.yahoo.com)
- Keurig Dr Pepper Advances Strategic Priorities Through Enhanced Partnership with Chobani (prnewswire.com)
- Keurig Dr Pepper sells equity stake back to Chobani for $800M (fooddive.com)