News

US: PepsiCo completes purchase of Wimm-Bill-Dann shares

Most popular

What's coming up in soft drinks in 2020?

What's coming up in dark spirits in 2020?

What will shape consumer trends in 2020?

Will 2020 see Campari Group back on the M&A hunt?

just-drinks speaks to DISCUS CEO Chris Swonger

MORE

PepsiCo has completed its tender offer to buy all outstanding Wimm-Bill Dann shares.

//i4.aroq.com/1/wimm-bill-dann-pepsico2.jpg

A total of around 23.7m American Depository Shares, representing around 13.5% of Wimm-Bill-Dann's shares, were tendered for RUB970.925 (US$34.610) per share. The US offer expired at 12pm EDT on 16 May, PepsiCo said today (18 May).

PepsiCo commenced the offer to purchase the shares in March, as part of its takeover of the Russian drinks and dairy giant.


Related Content

Indra Nooyi leaves PepsiCo in good shape, but what lies ahead for Ramon Laguarta? - Comment

Indra Nooyi leaves PepsiCo in good shape, but what lies ahead for Ramon Laguarta? - Comment...

Preview of the Year - 2011 - Introduction

Preview of the Year - 2011 - Introduction...

Comment - The Coca-Cola Co Piles Pressure on PepsiCo

Comment - The Coca-Cola Co Piles Pressure on PepsiCo...

Comment - Indra Nooyi has PepsiCo on Right Track

Comment - Indra Nooyi has PepsiCo on Right Track...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?