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Keurig Dr Pepper to Sell Chobani Stake for $800 Million

Keurig Dr Pepper logoKeurig Dr Pepper
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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.

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