Keurig has snapped up Dr Pepper Snapple Group Inc and its drink brands which include Snapple, Dr Pepper and 7-Up. The deal will pay US$18.7 billion (HK$146.2 billion) in cash to shareholders and assemble a massive beverage distribution network in the US, giving JAB Holding Co businesses even greater control over how Americans eat and drink. File photo: Bloomberg

Keurig buys Dr Pepper, Snapple, 7 Up and more, becoming US$11 billion drink giant

Dr Pepper Snapple shareholders will receive US$103.75 (HK$811.07) per share in a special cash dividend and keep 13 per cent of the combined company.

Topic |   Mergers & Acquisitions

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Keurig has snapped up Dr Pepper Snapple Group Inc and its drink brands which include Snapple, Dr Pepper and 7-Up. The deal will pay US$18.7 billion (HK$146.2 billion) in cash to shareholders and assemble a massive beverage distribution network in the US, giving JAB Holding Co businesses even greater control over how Americans eat and drink. File photo: Bloomberg
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