JAB BevCo Sells Remaining Stake of 59.1M Shares in Keurig Dr Pepper
JAB BevCo B.V., a subsidiary of JAB Holding Company, announced that it has sold its remaining stake in Keurig Dr Pepper (KDP), consisting of approximately 59.1M shares, or approximately 4.3% of KDP's outstanding common stock, through an unregistered block trade by J.P. Morgan Securities (JPM). JAB remains firmly committed to its consumer investment platform and, with a team strengthened by recent senior appointments, will continue to focus its energy and patient capital on building resilient consumer businesses that deliver long-term value.