PepsiCo offers $6b to buy out big bottlers
China Daily | Updated: 2009-04-21 08:02
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Pepsi products on display at a New York supermarket. Bloomberg News |
Soft-drink maker PepsiCo offered about $6 billion yesterday to buy the shares it does not already own in its two largest bottlers, Pepsi Bottling Group and PepsiAmericas, at the same time as reporting better-than-expected quarterly earnings.
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