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Legally, Dr Pepper Snapple Group was the surviving company; it remained publicly traded and changed its name to Keurig Dr Pepper. [80] This created the third largest beverage company in North America. [81] [82] On July 10, shares in Keurig Dr Pepper (KDP) began trading on the New York Stock Exchange. [83] Its stock switched to NASDAQ in 2020. [84]
The combined company would be named Keurig Dr Pepper and would trade publicly on the New York Stock Exchange. Shareholders of Dr Pepper Snapple Group would own 13% of the combined company, while Keurig shareholder and Cadbury current owner Mondelez International owning 13–14%, and JAB Holdings owning the remaining majority stake. [5]
The company also said it would acquire Ghost, a maker of energy drinks. As of 9:58 a.m. ET, the stock was down 4.3% on the news. ... Before you buy stock in Keurig Dr Pepper, consider this: ...
JAB Holding Company S.à r.l. [4] (JAB or Joh. A. Benckiser) is a German conglomerate, headquartered in Luxembourg, that includes investments in companies operating in the areas of consumer goods, coffee, luxury fashion, animal health, and fast food, among others.
This could be an opportunity for dividend investors.
Keurig Dr Pepper's (KDP) strong performance in third-quarter 2018 and a promising outlook, alongside its partnerships and acquisition strategy, position it for growth in the future.
The combined company was renamed "Keurig Dr Pepper" and began trading publicly again on the New York Stock Exchange under the ticker "KDP". Shareholders of Dr Pepper Snapple Group own 13% of the combined company, with Keurig shareholder and Cadbury current owner Mondelez International owning 13% to 14% of that fraction.
Yahoo Finance Live looks at soft drink manufacturer Keurig Dr. Pepper's following a downgrade by Goldman Sachs analysts.