PepsiCo, the US soft drinks giant, will report its third quarter results on Thursday (8 October).
The group saw net profits and sales slip 2% for the six months to the end of June, compared to the same period last year.
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Below, we take a look at the highs and lows for the company in the three months to the end of September.
- PepsiCo yesterday said it would form a new bottling giant, following its deal to take full control of Pepsi Bottling Group and PepsiAmericas.
- Mike White, chief of PepsiCo’s International division, announced his retirement.
- The group warned its shareholders against accepting a ‘mini-tender offer’ by merger and acquisition consultants TRC Capital Corporation.
- Tom Greco was appointed to executive vice-president of sales at the firm’s North America Beverages unit.
- PepsiCo signed a deal to acquire Brazil’s largest coconut water company.
- A court ruled against PepsiCo after it complained about rival Coca-Cola Co’s Powerade sports drinks adverts.
- After months of wrangling, PepsiCo sealed a deal to buy out its bottlers, Pepsi Bottling Group and PepsiAmericas.
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By GlobalData
