Keurig Dr Pepper to Take 33% Stake in Coffee Maker La Colombe
Portfolio Pulse from Benzinga Newsdesk
Keurig Dr Pepper (KDP) is set to acquire a 33% stake in coffee maker La Colombe. The terms of the deal were not disclosed.
July 27, 2023 | 11:02 am
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Keurig Dr Pepper is acquiring a 33% stake in La Colombe. This could potentially increase KDP's market share in the coffee industry.
The acquisition of a 33% stake in La Colombe by Keurig Dr Pepper could potentially increase KDP's market share in the coffee industry. This could lead to increased revenues and profitability for KDP in the future, which could positively impact its stock price in the short term.
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