Keurig Dr Pepper completes $800 million redemption of Chobani stake
Bitget2026/09/28 20:36- DPS Holdings and Mott’s, units of Keurig Dr Pepper, completed transactions with Chobani on Sept. 28, 2026.
- Keurig Dr Pepper redeemed all indirect equity interests in Chobani for USD 800 million, split between USD 400 million cash and a USD 400 million promissory note.
- The promissory note matures on Dec. 26, 2026.
- Chobani also bought certain assets for USD 125 million cash, including leasehold interests in two Allentown, Pennsylvania facilities.
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