Boxes of Keurig coffee K-Cup pods are seen on display at a Target store on September 10, 2024 in the Flatbush neighborhood of the Brooklyn borough in New York City.\u00a0<\/p>\n
Michael M. Santiago | Getty Images<\/p>\n
Keurig Dr Pepper<\/a> is close to a roughly $18-billion deal to buy Dutch coffee company JDE Peet’s<\/a>, the Wall Street Journal reported on Sunday, citing people familiar with the matter.<\/p>\n After combining, the companies are planning to separate the beverage and coffee units, the report said.<\/p>\n Reuters could not immediately verify the report. Keurig Dr Pepper and JDE Peet’s did not immediately respond to requests for comment.<\/p>\n JDE Peet’s, known for its L’Or, Tassimo and Douwe Egberts brands, has a market valuation of about $15 billion, while Keurig Dr Pepper is valued at nearly $50 billion, according to LSEG data.<\/p>\n JDE Peet’s lifted its annual forecasts last month after reporting consensus-beating half-year adjusted operating earnings of 709 million euros ($831.09 million), thanks to sales growth that defied already-high coffee prices.<\/p>\n Last year, Keurig Dr Pepper bought a 60% stake in energy-drink maker Ghost for $990 million, planning to purchase the rest in 2028, to spruce up its refreshment beverages portfolio.<\/p>\n","protected":false},"excerpt":{"rendered":"Boxes of Keurig coffee K-Cup pods are seen on display at a Target store on September 10, 2024…\n","protected":false},"author":3,"featured_media":173067,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[9167,64,81,2105,98642,51295,8396,11731,67,132,68],"class_list":{"0":"post-173066","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-breaking-news-business","9":"tag-business","10":"tag-business-news","11":"tag-food-and-drink","12":"tag-jde-peets-nv","13":"tag-keurig-dr-pepper-inc","14":"tag-mergers-and-acquisitions","15":"tag-retail-industry","16":"tag-united-states","17":"tag-unitedstates","18":"tag-us"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/173066","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=173066"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/173066\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/173067"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=173066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=173066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=173066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}