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Keurig to Buy Ghost Energy Drinks for More Than $1 Billion

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Keurig Dr Pepper Inc. agreed to acquire the maker of Ghost energy drinks for more than $1 billion, boosting its portfolio of beverages beyond coffee and sodas.

Keurig will purchase an initial 60% stake in Ghost for $990 million in cash, followed by the remaining 40% in 2028 at a valuation reflecting the brand’s 2027 financial performance, according to a statementBloomberg Terminal Thursday.