We break down complex business news to help you understand how money moves in Chicago and how it affects you.

Keurig Dr Pepper will buy the owner of Peet’s Coffee in an $18 billion deal, then break itself in two, with one company selling coffee and the other selling cold beverages like Snapple, Dr Pepper, 7UP and energy drinks.

The agreement announced Monday will essentially unwind the 2018 merger of Keurig and Dr. Pepper. It arrives at a time when consumers are pulling back and the trade wars under President Donald Trump threaten to send coffee prices soaring .

Trump imposed a 50% tariff this summer on most imports from Brazil — the world’s leading coffee producer — for its investigation of its former president, Jair Bolsonaro, a Trump ally.

Yet Keurig Dr Pepper sees both coffee and c

See Full Page