Keurig Dr Pepper sells Chobani stake back to company ahead of split

Keurig Dr Pepper is selling its minority stake in Chobani back to the company ahead of its planned split into two public businesses. Chobani separately announced it will invest ~$1.2 billion over five years in a 1.5M-sq-ft Allentown, Pennsylvania production campus creating 900+ jobs, and is acquiring a KDP facility.

Detected & updated continuously · Source: Nebula

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