AI English summary of an SEC filing — figures as filed
Keurig Dr Pepper KDPKeurig Dr Pepper said that on the settlement date of April 1, 2026, Kodiak BidCo paid €31.85 per share and accepted the transfer of JDE Peet's shares tendered through March 27, 2026. The tendered shares totaled 466,712,270 shares, representing 96.22%, with an aggregate consideration of approximately €14.86 billion.
Key points
AI summaryKeurig Dr Pepper said that on the settlement date of April 1, 2026, Kodiak BidCo paid €31.85 per share and accepted the transfer of JDE Peet's shares tendered through March 27, 2026. The tendered shares totaled 466,712,270 shares, representing 96.22%, with an aggregate consideration of approximately €14.86 billion.
The company said it issued and sold 4,500,000 shares of Series A Convertible Perpetual Preferred Stock on March 30, 2026 at $1,000 per share, for an aggregate purchase price of $4.5 billion. The net proceeds were used to finance a portion of the JDE Peet's acquisition.
The company said that on March 30, 2026, the JV Investor Partner made a capital contribution of approximately $4 billion to Keurig JV, LP (the Pod Manufacturing JV) in exchange for limited partnership units representing a 49% interest. The net proceeds from this contribution were also used to finance a portion of the JDE Peet's acquisition.
The company said all remaining commitments under the Bridge Credit Agreement were reduced to 0 and the agreement was terminated on March 30, 2026. It added that the post-closing acceptance period will run through April 13, 2026, and shares tendered during this period are expected to be settled within 5 business days after expiration of the post-closing acceptance period.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
JDE Peet's Tender Offer Settlement and Acquisition Consideration
Keurig Dr Pepper said that on the settlement date of April 1, 2026, Kodiak BidCo paid €31.85 per share and accepted the transfer of JDE Peet's shares tendered through March 27, 2026. The tendered shares totaled 466,712,270 shares, representing 96.22%, with an aggregate consideration of approximately €14.86 billion.
Source · Based on the filing body and exhibits
Issuance of Series A Convertible Perpetual Preferred Stock for $4.5 billion
The company said it issued and sold 4,500,000 shares of Series A Convertible Perpetual Preferred Stock on March 30, 2026 at $1,000 per share, for an aggregate purchase price of $4.5 billion. The net proceeds were used to finance a portion of the JDE Peet's acquisition.
Source · Based on the filing body and exhibits
Pod Manufacturing JV 49% Interest Investment of Approximately $4 billion
The company said that on March 30, 2026, the JV Investor Partner made a capital contribution of approximately $4 billion to Keurig JV, LP (the Pod Manufacturing JV) in exchange for limited partnership units representing a 49% interest. The net proceeds from this contribution were also used to finance a portion of the JDE Peet's acquisition.
Source · Based on the filing body and exhibits
Termination of Bridge Credit Agreement and Post-Closing Acceptance Period
The company said all remaining commitments under the Bridge Credit Agreement were reduced to 0 and the agreement was terminated on March 30, 2026. It added that the post-closing acceptance period will run through April 13, 2026, and shares tendered during this period are expected to be settled within 5 business days after expiration of the post-closing acceptance period.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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