KDP Completes $925 Million Chobani Redemption and Asset Sale
Filed with the SEC on · Summarized by InvestorsBot
On September 28, 2026, KDP subsidiaries completed transactions with Chobani, redeeming KDP’s indirect Chobani interests for $800 million: $400 million in cash and a $400 million promissory note due December 26, 2026. KDP also sold certain assets, including leasehold interests in two Allentown, Pennsylvania, facilities, for $125 million in cash.