Keurig Dr Pepper is agreeing to sell its investment in Chobani and a manufacturing facility in Pennsylvania for a combined $925 million, according to reports.
Under the deal, the company sells its equity stake in Chobani for $800 million and a plant in Allentown, Pennsylvania, for $125 million. The announcements describe the transaction as a package that includes both the Chobani stake and the related manufacturing site.
Quartz and Investing.com report the same headline terms and valuation breakdown, focusing on the total price and how it is split between the Chobani stake and the Pennsylvania facility. Neither source, in the excerpts provided, emphasizes buyer identity, timing, or regulatory approvals, nor does it detail the company’s rationale beyond stating the planned disposals.
