Keurig Dr Pepper to Buy Energy Drink Maker Ghost for Over $1B; Deal Expected to Be Announced Thursday
Portfolio Pulse from Benzinga Newsdesk
Keurig Dr Pepper is set to acquire energy drink maker Ghost for over $1 billion, with the deal expected to be announced on Thursday.
October 24, 2024 | 9:16 am
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Keurig Dr Pepper is acquiring Ghost, an energy drink maker, for over $1 billion. This acquisition could expand KDP's product portfolio and market presence in the energy drink sector.
The acquisition of Ghost by Keurig Dr Pepper is a significant move to enhance its product offerings in the growing energy drink market. This could lead to increased revenues and market share, positively impacting KDP's stock price in the short term.
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