Business in the Burbs

PepsiCo, bottler close the deal

November

PepsiCo Inc. of Purchase and PepsiAmericas Inc., a bottler in the Midwest, said this morning they have finished purchasing the remaining 20 percent of Sandora, LLC, a juice company in Ukraine, for $136.7 million. PepsiAmericas and PepsiCo bought an 80 percent interest in Sandora in August. PepsiAmericas holds a 60 percent interest in the joint venture, and PepsiCo holds 40 percent. PepsiCo said the deal will not cause it to change its 2007 earnings guidance.

This entry was posted on Tuesday, November 6th, 2007 at 10:49 am by Allan Drury. You can follow any responses to this entry through the RSS 2.0 feed.
Category: Corporate doings

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