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Keurig Dr Pepper Inc. (KDP) Strengthens Coffee Business with JDE Peet’s Acquisition

Keurig Dr Pepper Inc. (NASDAQ:KDP) is one of the best defensive stocks to buy, according to Steve Cohen. On August 25, the company announced it had reached an agreement to acquire Dutch coffee and tea company JDE Peet’s. Keurig Dr Pepper Inc. (KDP) Strengthens Coffee Business with JDE Peet’s Acquisition Copyright: tunedin123 / 123RF Stock Photo The $18 billion deal is expected to be part of the company’s push to bolster its struggling US Coffee business. In the second quarter, revenue in the coffee busi ...