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Keurig Dr Pepper To Sell Its Full Equity Stake In Chobani Back To The Company For $800M; Chobani To Acquire KDP's Manufacturing Facility And Warehouse In Allentown, Pennsylvania For ~$125M

BenzingaBenzinga Newsdesk

Selling minority investment in Chobani and Pennsylvania facility for $925 million in pre-tax proceedsProceeds to support Keurig Dr Pepper's deleveraging goalsUpdating and expanding long-term commercial relationship

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