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Keurig Dr Pepper ( (KDP) ) has issued an update.
Keurig Dr Pepper (KDP) is set to acquire a 60% stake in GHOST Lifestyle LLC, a fast-growing energy drink and lifestyle brand, with plans to buy the remaining 40% by 2028. This strategic move aims to bolster KDP’s presence in the energy drink market, leveraging GHOST’s unique identity and consumer appeal to accelerate growth. The acquisition, valued at approximately $990 million, underscores KDP’s commitment to expanding into consumer-preferred segments, with GHOST continuing to operate under its current leadership.
For an in-depth examination of KDP stock, go to TipRanks’ Stock Analysis page.
