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Keurig Dr Pepper to sell Chobani stake for $925 million

Keurig Dr Pepper said it will sell its minority stake in Chobani back to the yogurt maker, receiving $925 million, including $800 million for the stake, ahead of Chobani’s planned split into two public companies.

KDP

By Colin KellaherKeurig Dr Pepper is selling its minority stake in Chobani back to the yogurt maker ahead of the beverage maker's planned split into two public companies.Keurig Dr Pepper on Tuesday said it will receive $925 million in its deal with Chobani, including $800 million for its stake in t…