📢 PepsiCo is expanding: $1.2 billion acquisition of Siete Foods!
PepsiCo $PEP-0.3%, one of the world's largest food companies, has just announced the next major step in its growth strategy - the $1 .2 billion purchase of Mexican-American food manufacturer Siete Foods. This acquisition is PepsiCo's first major foodpurchase in five years and significantly expands its...
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$PEP-0.3% is definitely more interesting to me now than $KO-0.5%, but I probably won't be buying shares of either company.