KDP Completed Chobani Equity Redemption for $800M, Sold Assets for $125M Cash
· The NYC Memo
Keurig Dr Pepper (KDP) completed the redemption of its indirect equity interests in Chobani on September 28, 2026, receiving $800 million. This amount consisted of $400 million in cash and a $400 million promissory note due December 26, 2026. Additionally, KDP sold certain assets, including leasehold interests, for $125 million in cash.