Acorn Energy shares rise 6.16% premarket after Keurig Dr Pepper's acquisition of JDE Peet's N.V. from Acorn Holdings B.V.

Acorn Energy, Inc. rose 6.16% in premarket trading, with the company's stock price increasing following the announcement of a definitive agreement for Keurig Dr Pepper to acquire JDE Peet's N.V. from Acorn Holdings B.V., JAB. This acquisition is part of a broader restructuring plan that includes the separation of Global Coffee Co. from Keurig Dr Pepper, with Tim Cofer and Sudhanshu Priyadarshi set to become the CEOs of Beverage Co. and Global Coffee Co., respectively.