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25.08.25 - 20:24
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Nvidia Earnings to Test AI Spending | Open Interest 8/25/2025 (Bloomberg)
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Get a jump start on the US trading day with Matt Miller and Katie Greifeld on "Bloomberg Open Interest." Wayfair and La-Z-Boy stocks are moving after President Trump announced tariffs specifically targeting furniture. Keurig Dr. Pepper paid $18B to buy JDE Peet's to create a global coffee giant, analysts say the acquisition will address the current drag that the Keurig coffee business is placing on Keurig Dr. Pepper. And ICI CEO and President joins Open Interest to discuss offering private assets and crypto to 401(k)s. (Source: Bloomberg)...
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25.08.25 - 18:42
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Keurig Dr Pepper to Buy JDE Peet′s for $18 Billion in Revamp (Bloomberg)
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Keurig Dr Pepper Inc. agreed to buy JDE Peet's NV for €15.7 billion ($18.4 billion) to bolster its struggling coffee business before kicking off a split of its operations.
The company will pay €31.85 a share in cash for the Dutch firm, a 20% premium over its closing price on Aug. 22, according to a statement Monday. Keurig Dr Pepper plans to separate its coffee and soft drinks units into two independent, US-listed companies next year once the deal is completed.
“We are seizing an exceptional opportunity to create a global coffee giant,” Chief Executive Officer Tim Cofer said.
Bloomberg's Ken Shea reports. (Source: Bloomberg)...
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