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| Name | Symbol | Market | Type |
|---|---|---|---|
| Nestle SA (PK) | USOTC:NSRGY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 2.34 | 2.31% | 103.54 | 102.70 | 103.57 | 103.75 | 102.7001 | 102.81 | 468,370 | 21:33:50 |
From May 2019 to May 2024
By Chris Wack
Keurig Dr Pepper Inc. said Thursday it has entered into a long-term, strategic agreement with Nestle USA to manufacture and distribute Starbucks-branded packaged coffee in K-Cup pods in the U.S. and Canada.
Keurig Dr Pepper said the new deal with Nestle, which acquired the rights in August 2018 to market and distribute Starbucks CPG and Foodservice products globally outside of Starbucks coffee shops, would replace the existing K-Cup pod agreement between Keurig Dr Pepper and Starbucks Corp. following a transition period.
Financial terms of the agreement between Keurig Dr Pepper and Nestle weren't disclosed.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
February 27, 2020 07:19 ET (12:19 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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