Keurig Dr Pepper: Acquisition of JDE Peet's and Subsequent Spinoff Planned - Insider Buying for $254,056

On August 25, it was announced that Keurig Dr Pepper (KDP) is offering JDE Peet's shareholders €31.85 per share in cash, representing a 33% premium on the volume-weighted 90-day average share price. The total equity valuation amounts to €15.7 billion. Additionally, JDE Peet's will pay an already announced dividend of €0.36 per share before the transaction closes. The acquisition will be financed through a combination of new debt and existing cash. KDP intends to maintain its credit rating. The completion of the acquisition is expected in the...