Keurig Dr Pepper’s Coffee Gamble Turns into Private-Equity Opportunity
Dubai – Qahwa World Keurig Dr Pepper Inc. (KDP) has turned investor discontent into renewed optimism after securing a $7 billion investment from Apollo Global Management and KKR & Co. to support its €15.7 billion (about $18 billion) acquisition of Dutch coffee group JDE Peet’s. The capital injection eased market fears over KDP’s rising debt</p>
