Keurig Dr Pepper (KDP) Cashes Out of Chobani to Clean Up its Books Before a Split
Reuters reported that Keurig Dr Pepper Inc. (NASDAQ:KDP) said on September 1 that it will sell its entire equity stake in Chobani back to the yogurt maker for $800 million, plus a manufacturing facility and warehouse in Allentown, Pennsylvania, for $125 million, a combined $925 million. KDP picked up the Chobani stake after a 2023 […]
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