Chobani buys back Keurig Dr Pepper's stake for $800 million
Keurig Dr Pepper will use the proceeds to cut debt before it splits into Beverage Co. and Global Coffee Co.
Chobani Issuer · Keurig Dr Pepper Seller
Intelligence
The deal
- Type
- Secondary
- Amount
- $800M
- Structure
- $800M for KDP's Chobani stake + ~$125M for the Allentown, PA facility; $925M pre-tax proceeds
- Status
- Announced
- Valuation
- Not recorded
- Region
- United States
- Date
- 1 September 2026
As of this development: a later development may record new terms.
Lifecycle
- Announced
- Closed
Same day, same parties
The parties
Chobani Issuer
Keurig Dr Pepper Seller
Activity