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Keurig Dr Pepper to acquire Core in US$525m deal
date:Sep 29, 2018
Keurig Dr Pepper (KDP) has entered into a definitive agreement to acquire enhanced beverage company Core Nutrition LLC at a value of US$525 million, or approximately US$435 million net of anticipated tax benefits. The acquisition represents KDP's latest move in the evolution of its allied brands portfolio.

CORE has been a KDP allied brand since 2016, with KDP currently managing approximately two-thirds of the brand's US distribution. Following the closing of the acquisition, both CORE Hydration

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