Keurig Dr Pepper falls as co to buy Dutch coffee company JDE Peet's
Keurig Dr Pepper KDP.O shares down 9% at $32.13
Co to buy Dutch coffee company JDE Peet's JDEP.AS for 15.7 billion euros ($18.4 billion) in cash
The deal offers a 20% premium to JDEP's closing market price on Friday
The merged company, aiming to expand its coffee offering to more than 100 countries, plans to separate its beverage and coffee units "as soon as practicable", Keurig said
YTD, KDP stock up ~9.3%
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