Keurig Sells Chobani Stake for $925M | Spokane News

Keurig Dr Pepper is cashing in big time, selling its entire stake in Chobani for $925 million — $800 million in equity plus a Pennsylvania plant — as part of a bold restructuring plan following its $18 billion JDE Peet’s acquisition. The company is also preparing to split its coffee and beverage divisions into two separate public companies, signaling a major pivot to sharpen focus. Strong Q2 performance from sodas and energy drinks helped them meet — and beat — earnings expectations, fueling confidence in their strategic overhaul. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/b9c8719f89ce12cc