Keurig Dr Pepper to Sell Chobani Stake for $800 Million
Keurig Dr Pepper will sell its full equity stake in Chobani for $800 million and transfer a Pennsylvania manufacturing plant and warehouse for about $125 million back to Chobani. Proceeds are intended to reduce debt and improve manufacturing efficiency following its JDE Peet’s acquisition; both deals are slated to close in Q3 2026.