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KDP Keurig Dr Pepper Inc

28.05
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Keurig Dr Pepper Inc NYSE:KDP NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 28.05 0 01:00:00

Keurig Dr Pepper: Maple Holdings Selling 40 Million Shares

20/05/2020 11:01pm

Dow Jones News


Keurig Dr Pepper (NYSE:KDP)
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From May 2019 to May 2024

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By Josh Beckerman

 

Keurig Dr Pepper Inc. said Maple Holdings BV, a holding company majority-owned by JAB Holdings BV, is selling 40 million KDP shares.

The beverage company said JAB has indicated an interest in buying up to 7.4 million shares in the offering. Assuming JAB buys about 7.4 million shares, Maple and JAB would own a combined stake of about 62.8%.

Maple also sold shares as part of a March offering.

KDP shares were down 2.8% after hours to $26.91.

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

May 20, 2020 17:46 ET (21:46 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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