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Keurig Dr Pepper Holder JAB Seeks $2.4 Billion for Stake

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By Bailey Lipschultz

February 26, 2025 at 4:26 PM EST

Updated on

February 26, 2025 at 5:00 PM EST

JAB Holding Co. is seeking as much as $2.4 billion for a 5.4% stake in Keurig Dr. Pepper Inc., according to a person familiar with the matter.

The conglomerate is offering 73 million shares of KDP for $32.80 to $33 each, the person said, asking not to be identified as the information isn’t public.