Keurig Dr Pepper: Maple Holdings Selling 40 Million Shares
May 20 2020 - 5:01PM
Dow Jones News
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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