Keurig Dr Pepper declares offer for JDE Peet’s unconditional

Keurig Dr Pepper (KDP) has declared its offer for JDE Peet’s unconditional, as 96.22% of JDE Peet’s shares have been tendered, totaling nearly EUR 14.9 billion. This satisfies all offer conditions, leading to the delisting of JDE Peet’s shares from Euronext Amsterdam. A post-closing acceptance period is open for remaining shareholders, after which KDP will initiate statutory Buy-Out Proceedings.

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