Keurig Dr Pepper declares JDE Peet’s offer unconditional; 96.22% of shares tendered

Keurig Dr Pepper Inc.

Keurig Dr Pepper Inc.

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  • Keurig Dr Pepper’s Kodiak BidCo said its cash offer for JDE Peet’s has been declared unconditional after 466,712,270 shares were tendered, representing 96.22%.
  • The tendered shares had an aggregate value of EUR 14.9 billion, and settlement is scheduled for April 1, 2026.
  • A post-closing acceptance period is set to run from March 30, 2026 to April 13, 2026 for remaining shares.
  • Following settlement, Kodiak BidCo is expected to hold about 96.22% of JDE Peet’s shares, and the companies plan to pursue a delisting from Euronext Amsterdam.


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