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Stock impact report

Germany's JAB plans to list unit owning Keurig, Dr Pepper [Reuters]

Keurig Dr Pepper Inc. (KDP) 
Last keurig dr pepper inc. earnings: 4/27 04:10 pm Check Earnings Report
Company Research Source: Reuters
Germany's JAB plans to list unit owning Keurig, Dr Pepper | Reuters 4 Min Read LONDON/BERLIN (Reuters) - Family owned JAB Holding Co, which has several coffee and restaurant brands is planning to list the business that owns Keurig, Dr Pepper, Peet’s Coffee and JDE coffee brands, the company said on Thursday. “JAB has a very successful global Coffee and Beverages platform in Acorn, and we are envisioning taking it public in the next two-three years,” JAB said in an emailed statement. Its Acorn Holdings Unit is one of the company’s largest, having acquired Dr Pepper Snapple last year in one of the most prominent consumer deals of 2018. The business also includes brands such as Jacobs, Douwe Egberts, Tassimo, Gevalia, L’Or, Pilao and Kenco. “A public listing would be in line with JAB’s long-term philosophy to bring leading global consumer businesses to the public markets. However, we have not made any decision to trigger an IPO process now,” the statement added. The news comes after Germ Show less Read more
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