Keurig Dr Pepper to sell entire Chobani stake for $800 million
Keurig Dr Pepper said it will sell its entire minority stake in Chobani back to the yogurt maker for $800 million.
Keurig Dr Pepper said Tuesday it will sell its entire minority stake in Chobani back to the yogurt maker for $800 million. The move comes as KDP has already added billions of dollars of debt earlier this year to help finance its acquisition of JDE Peet's. The Chobani sale would help the company generate cash at a favorable time.