The deal sees snack and beverage giant PepsiCo acquiring countertop carbonated water machine maker SodaStream for $3.2 billion. It underscores PepsiCo’s push to add healthier products to its portfolio and move to a more environmentally friendly agenda. On Monday, New… Read More ›
PepsiCo
Coca-Cola purchases undisclosed stake in Body Armor
Coca-Cola did not disclose any financial details of the purchase, which is to be seen in the context of its fizzy colas losing steadily marketshare to popular alternatives to its PepciCo-owned rival. On Tuesday, Coca-Cola Co disclosed, it is in… Read More ›
Ramon Laguarta to be PepsiCo’s CEO, Indra Nooyi its Chairman
Of the 24 years Indra Nooyi has was with PepsiCo, she served 12 years as its CEO. Under her PepsiCo’s shares rose by 78%. On Monday, PepsiCo Inc disclosed that its Chief Executive Indra Nooyi would be stepping down from… Read More ›