JAB sells remaining 4.3% stake in Keurig Dr Pepper via block trade

Keurig Dr Pepper

Keurig Dr Pepper

KDP

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  • JAB Holding Company sold its remaining stake in Keurig Dr Pepper, exiting the investment.
  • Sale covered 59.1 million shares, equal to about 4.3% of Keurig Dr Pepper’s outstanding common stock.
  • Shares were placed via an unregistered block trade handled by J.P. Morgan Securities.
  • JAB reiterated its focus on deploying long-term capital across its consumer investment platform.


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