PepsiCo, an American multinational food, snack, and beverage corporation, is now a $196 billion (by market cap) snack and beverage beast. Read more here.
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PURCHASE, NY. — Three-and-half months after unveiling the $1.2 billion deal, PepsiCo, Inc. has wrapped up its acquisition of Mexican-American food and snack brand Siete Foods.
PepsiCo is a great blue-chip company, with a solid recent dividend yield of 3.6% and 52 consecutive years of dividend increases. A business has to be run
The lawsuit is the second Robinson-Patman Act case filed by the FTC during the Biden administration. In December, the FTC sued alcohol distributor Southern Glazer’s Wine and Spirits LLC for charging mom-and-pop grocers higher prices than large retail chains.
PepsiCo and Coca-Cola are both undervalued, and I foresee an appreciable upside in 2025. Click here to read why both PEP and KO stocks are a Buy.
Siete is officially part of PepsiCo Inc. The global food and beverage company announced plans to acquire Austin-grown Garza Food Ventures LLC, known as Siete, late last year — a $1.2 billion deal that was finalized Jan. 17. It’s unclear if Siete will move its headquarters or continue to be based in Austin.
The partnership by the two snacks’ giants comes at a time when the Indian snacks market is experiencing growth
PepsiCo India partners with Tata Consumer Products to launch Kurkure in Schezwan Chutney flavor, blending Indian-Chinese snack flavors.
FTC chair Lina Khan said: "When firms like Pepsi give massive retailers a leg up, it tilts the playing field against small firms and ultimately inflates prices for American consum
PepsiCo and Tata Consumer Products have announced a strategic partnership to create and market packaged snacks in India. The collaboration comes four years after their joint venture, NourishCo Beverages, was terminated.