Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Keurig Dr Pepper Inc. entered into Transaction Agreement with Apollo Global Management, Inc., KKR & Co. Inc. and Goldman Sachs Asset Management, L.P. valued at JV Investor Partner will make a capital contribution of $4.0 billion for 49% interest; KDP to retain (effective 2026-02-23).
- Action
- entry
- Counterparty
- Apollo Global Management, Inc., KKR & Co. Inc. and Goldman Sachs Asset Management, L.P.
- Value
- JV Investor Partner will make a capital contribution of $4.0 billion for 49% interest; KDP to retain
- Effective
- 2026-02-23
Exact text from the filing
On February 23, 2026, KDP entered into a Transaction Agreement (the “ Transaction Agreement ”) by and among the Company, Keurig JV, LP, a Delaware limited partnership (the “ Pod Manufacturing JV ”), Keurig Green Mountain, Inc., a Delaware corporation (“ KGM ”), KGM Manufacturing LLC, a Delaware limited liability company (“ KGMM ”), Keurig Production Holding, LLC, a Delaware limited liability company (“ Keurig USA Partner ”), a Luxembourg private limited liability company to be designated that is a wholly owned subsidiary of the Company (“ Keurig Lux Partner ” and, together with the Company, KGM, KGMM and Keurig USA Partner, the “ Keurig Partners ”), and an investment vehicle (the “ JV Investor Partner ”) held and managed by certain funds or accounts managed, advised or sub-advised by each of Apollo Global Management, Inc., KKR & Co. Inc. and Goldman Sachs Asset Management, L.P.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Keurig Dr Pepper Inc. amended Amendment to Preferred Investment Agreement with KKR Investor, Apollo Investor and other Preferred Investors valued at Company agreed to issue and sell 4,500,000 shares of Series A Convertible Perpetual Preferred Stock (effective 2026-02-23).
- Action
- amendment
- Counterparty
- KKR Investor, Apollo Investor and other Preferred Investors
- Value
- Company agreed to issue and sell 4,500,000 shares of Series A Convertible Perpetual Preferred Stock
- Effective
- 2026-02-23
Exact text from the filing
On February 23, 2026, KDP entered into an Amendment (the “ Amendment to Preferred Investment Agreement ”) to the Investment Agreement, dated as of October 27, 2025 (as amended, the “ Preferred Investment Agreement ”), by and among the Company, Pour Purchaser L.P. (together with its affiliates, the “ KKR Investor ”), AP Pour Holdings, L.P. (together with its affiliates, the “ Apollo Investor ”) and certain other investors party thereto (collectively with any other investor that becomes a party thereto, the “ Preferred Investors ”), pursuant to which the Company agreed to issue and sell to the Preferred Investors, and the Preferred Investors agreed to purchase from the Company, 4,500,000 shares of a new series of Series A Convertible Perpetual Preferred Stock, par value $0.01 per share (the “ Convertible Preferred Stock ”), of KDP for a purchase price per share of $1,000 and an aggregate purcha
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