Date:	--/--/-- --:--:--
Event Id:	E5DJD3NF3
Action Type:	ACQUISITION
Action Status:	COMPLETED
Acquirer Symbol:
Target Symbol:	JDEP.NL
Updated:	--/--/-- --:--:--
Purchase Price Per Share:	31.85
Price Per Share Currency:	EUR
News References:	https://www.prnewswire.com/news-releases/keurig-dr-pepper-announces-results-of-post-closing-acceptance-period-for-offer-for-jde-peets-302740935.html

Action Notes

Keurig Dr Pepper and JDE Peet's today announced they have entered into a definitive agreement under which KDP will acquire JDE Peet's in an all-cash transaction. After the acquisition closes, KDP plans to separate into two independent, U.S.-listed publicly traded companies, creating a scaled growth challenger in North America's attractive refreshment beverages market ("Beverage Co.") and the world's #1 pure-play coffee company ("Global Coffee Co."). Under the terms of the transaction, KDP will pay JDE Peet's shareholders (E)31.85 per share in cash, a 33% premium to JDE Peet's 90-day volume-weighted average stock price, representing a total equity consideration of (E)15.7 billion. JDE Peet's will also pay a previously declared dividend of (E)0.36 per share prior to closing, with no reduction to the offer price. The commencement of the tender offer and the closing of the acquisition of JDE Peet's, which was unanimously approved by JDE Peet's Board of Directors, are expected to occur in the first half of 2026, subject to the satisfaction or waiver of customary pre-offer conditions and closing conditions as described in Annex. Closing of the Offer is expected early in Q2 2026, subject to the satisfaction or waiver of the closing conditions. An updated financing plan was announced on 02/23. On 03/27, it was announced that approximately 96.22% of all JDE Peets shares have been tendered. Settlement of the offer will take place on 04/01. PR 4/13/2026: As a result of the acquisition of more than 95% of the Shares by the Offeror, the Offeror will initiate statutory Buy-Out Proceedings and will implement the Post-Closing Demerger in accordance with Section 5.13.4 (Post-Closing Demerger) of the Offer Memorandum. As previously announced it has been decided, in consultation with Euronext, that the last day of trading of the Shares will be on 29 April 2026 and that the Shares will be delisted from Euronext Amsterdam on 30 April 2026.