Source Pravda.Ru

PepsiCo to Take Control of Its 2 Biggest Bottlers

PepsiCo Inc. agreed to take control of its two biggest bottlers for about $7.8 billion, ending a three-month standoff and allowing the world's second-largest soda maker to save money by bundling snacks and drinks , Detroit Free Press reports.

Meanwhile, Pepsico is buying its two top bottlers for $7.8 billion in a bid to save money and get new products to market faster, as consumers’ tastes are changing more quickly. The deals were sealed months after Pepsico’s first offers were rejected and 10 years after Pepsico spun off its largest bottler, Pepsi Bottling Group. It also is acquiring its No. 2 bottler, PepsiAmericas , Kansas City Star reports.

However, the second-largest soft drink maker said on Tuesday it will pay $36.50 per share for Pepsi Bottling and $28.50 per share for PepsiAmericas, representing premiums of about 45 percent and 43 percent from the bottlers' closing prices the day before Pepsi launched unsolicited bids in April.

Pepsi first offered $29.50 per share for Pepsi Bottling and $23.27 per share for PepsiAmericas. Those bids, at 17 percent premiums, were worth $6 billion , Reuters reports.

Comments
The horror story called Brazil: Murder and destruction
Russia close to recognising Donetsk and Luhansk republics after Donbass elections
Five years after Maidan revolution, Ukraine remains one of Europe's most corrupt states
Why Trump tries to re-industrialize America
USA plays to pretend a mighty dragon that can no longer breathe fire
US interferes in election of Interpol president, Kremlin believes
US interferes in election of Interpol president, Kremlin believes
Five years after Maidan revolution, Ukraine remains one of Europe's most corrupt states
Brexit: The UK's misunderstanding of Democracy
Kuril Islands dispute between Russia and Japan: The impossible is impossible
Argentina hides the truth about the death of San Juan submarine
Japan ratifies agreement to supply weapons and ammo to warring states
Russia to ban capture of killer whales and belugas in 2019
Russia to raise sunken floating dock
Why Trump tries to re-industrialize America
Kuril Islands dispute between Russia and Japan: The impossible is impossible
Putin dislikes the idea of US army bases coming to Kuril Islands
Argentina hides the truth about the death of San Juan submarine
USA plays to pretend a mighty dragon that can no longer breathe fire
Russians lose faith in their future, get ready for worse
Russians lose faith in their future, get ready for worse