Beverages
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Keurig Dr Pepper completes acquisition of 96.22% stake in JDE Peet’s
Keurig Dr Pepper has acquired a majority stake in JDE Peet’s, paving the way for a standalone global coffee business and future corporate separation.
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Abia State approves Nepal Group takeover of Afro Beverages to boost manufacturing, jobs
Abia State has approved Nepal Group’s takeover of Afro Beverages, aiming to revive the facility, stimulate industrial growth, and create employment through private sector-led management.
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Diageo-Asahi deal faces pressure as minority shareholder seeks mandatory buyout for EABL investors
A Kenyan minority shareholder is pushing regulators to compel Asahi to offer equal buyout terms to all EABL investors amid mounting legal challenges to the Diageo deal.
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Nestlé launches Buxton Peak functional drinks range in UK targeting wellness trend
Nestlé introduces Buxton Peak functional drinks in the UK, combining natural flavours with vitamins and minerals to meet growing demand for wellness-focused beverages.
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Lavazza reports 15.7% revenue growth to US$4.52B in 2025 despite global coffee market decline
Lavazza posts strong 2025 growth driven by North America, despite declining global coffee demand, rising green bean prices, and ongoing geopolitical and supply chain challenges.