News

US: PepsiCo to reduce PepsiAmericas stake - report

Most popular

Should Campari Group be renamed Aperol Group?

Why water has become more important than wine

just-drinks speaks to A-B InBev CEO Carlos Brito

Stoli Group’s AC/DC Thunderstruck Tequila- Comment

MORE

PepsiCo has confirmed that it plans to reduce its stake in its bottler PepsiAmericas, according to a recent filing.

PepsiCo, which owns a 44% stake in PepsiAmericas, was cited in a corporate filing on Monday (19 November) as having authorised a reduction of "no less than 37%" in its stake over several years.

PepsiCo reportedly said it does not intend for the reduction in ownership to affect its commercial or other relationships with the company.

No-one was available for comment at PepsiCo when contacted by just-drinks today (21 November).


Sectors: Soft drinks, Water

Companies: PepsiCo, PepsiAmericas

Related Content

"We've got to be part of a wider ecosystem to succeed" - Daniel Grubbs, MD of the PepsiCo Ventures G...

Is FEMSA trying to bloody Heineken's nose with stake sale? - Editor's Viewpoint

Is FEMSA trying to bloody Heineken's nose with stake sale? - Editor's Viewpoint...

Asahi asset tidy continues with Tsingtao Brewery Co stake poised for offload

Asahi asset tidy continues with Tsingtao Brewery Co stake poised for offload...

Anheuser-Busch InBev and China's Snow – This town ain't big enough for the both of us – Editor's Viewpoint

Anheuser-Busch InBev and China's Snow – This town ain't big enough for the both of us – Editor's Vie...

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?