S&C Advises Financial Adviser to Keurig Dr Pepper in $22.5 Billion Acquisition of JDE Peet’s

With an enterprise value of $22.5 billion, Keurig Dr Pepper (KDP) has agreed to buy JDE Peet’s (Peet’s) in an all-cash deal.
KDP intends to split into two separate, publicly traded, U.S.-listed businesses upon the acquisition’s completion: Beverage Co. and Global Coffee Co., a pure-play coffee firm.