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Siete Foods officially joins PepsiCo stable of brands
Siete Foods officially joins the PepsiCo stable of brands
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 COMPLETES ACQUISITION OF SIETE FOODS
PepsiCo, Inc. (NASDAQ: PEP) ("PepsiCo") today announced that it has closed the acquisition of Garza Food Ventures LLC, dba Siete Foods ("Siete"), for $1.2 billion.
PepsiCo Acquires Siete Foods For $1.2 Bln
Friday announced that it has closed the acquisition of Siete Foods, a growing brand known for its better-for-you,
Siete's $1.2B acquisition by PepsiCo finalized
Centerview Partners LLC was lead financial advisor to PepsiCo (Nasdaq: PEP) and Citi also served as financial advisor. Gibson Dunn & Crutcher LLP acted as legal advisor to PepsiCo
FTC, PepsiCo
FTC Sues PepsiCo for Alleged Price Break to Big-Box Retailer, Incurs Holyoak's Wrath
"Today's complaint against Pepsi is wholly deficient, not only because the pleadings fail to state a claim, but because the Majority rushed the case out the door before it had evidence to support the allegations,
Pepsi hurt small businesses by giving big-box retailer financial advantages, the FTC claims
The commission alleges that the retailer, whose name was redacted in the statement from commissioners, received “unfair pricing advantages” that were not made available to others.
FTC Sues PepsiCo, Alleging It Gave Walmart Unfair Pricing Advantage
The Federal Trade Commission on Friday sued PepsiCo in a last-minute blitz of lawsuits before the end of the Biden administration, alleging that the beverage giant forced many consumers to pay higher prices by giving Walmart unfair pricing advantages.
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9h
Pepsi to replace ‘permanent’ flavor with a new one. Here’s when you can try it
Pepsi is axing a permanent flavor from its lineup — but a new one will hit shelves soon. Soft-drink lovers can get their first sips of Pepsi Wild Cherry & Cream starting Monday, Jan. 20, the New ...
People on MSN
8d
Pepsi's New Wild Cherry & Cream Soda Is Coming — Months After Coke Discontinued Similar Flavor
The latest permanent Pepsi drinks come just months after Coca-Cola discontinued its cherry vanilla flavor on Sept. 4. The ...
1d
on MSN
US lawsuit accuses PepsiCo of price discrimination that favored Walmart over smaller stores
A lawsuit filed by the Federal Trade Commission alleges that food and beverage maker PepsiCo engaged in illegal price ...
3d
Pepsi has big news for soda-lovers: ‘It’s wild!’
Pepsi has pretty big news for people who love the soda (Coke fans, feel free to disregard this article). The brand will very ...
4d
on MSN
Love Nostalgic Sodas? You Need to Try Pepsi’s New Flavor
The original Pepsi Wild Cherry has been around since 1988, so it’s only natural that the brand would seek to put a distinctly ...
5d
on MSN
Pepsi Debuts ‘Creamy’ New Flavor, a Twist on Fan-Favorite Taste
Pepsi is introducing a brand-new twist on a fan-favorite flavor, and the company stresses its “permanent,” i.e. not just a ...
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