Keurig Dr Pepper to buy Peet's coffee for $18bn
Source: BBC
Bloomberg/Getty ImagesUS drinks giant Keurig Dr Pepper has agreed to buy Dutch coffee firm JDE Peet's for €15.7bn (£13.6bn, $18.4bn) in the largest European acquisition in more than two years. The companies plan to split into two US-listed firms after the merger, with one focused on coffee brands including Douwe Egberts and L'Or - while the other will sell soft drinks such as Schweppes, Snapple and 7…
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