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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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.
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.
The Federal Trade Commission is suing PepsiCo for alleged price discrimination in the final days of the Biden administration.
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
PepsiCo (NASDAQ:PEP) closed on its $1.2 billion acquisition of Siete Foods on Friday, in a move that expands its portfolio with an authentic Mexican-American brand. The deal is anticipated to enhance PepsiCo's (NASDAQ:PEP) multicultural offerings and strengthens its position in the better-for-you food segment.
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.
PepsiCo, Inc. PEP has been experiencing strength in its core categories, diversified portfolio, improved digital capabilities and flexible go-to-market distribution systems. In the latest revelation,
The Siete brand is the latest in a line of PepsiCo acquisitions that include PopCorners, Bare, Stacy's Pita Chips, and most recently, Sabra.
Traditional Indian snacks, or namkeen, have dominated the FMCG sector, with sales reaching nearly 50% of the salty snacks market in 2023-24. Major players like PepsiCo and Tata Consumer Products are venturing into this lucrative market.