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Business Miscellaneous in Business . 3 months ago
PepsiAmericas, Inc. was the world's second-largest bottler of Pepsi-Cola products, under contract with product owner PepsiCo. PepsiAmericas also held contracts to produce beverages for Dr Pepper Snapple Group and smaller regional brands. PepsiAmericas had 19 bottling plants in the United States and had a presence in 11 countries in Central/Eastern Europe and 5 countries in the Caribbean. PepsiAmericas was based in Minneapolis, Minnesota.
By early 2009, PepsiCo held a 41.1% stake in the PepsiAmericas. On April 20, 2009, PepsiCo offered to buy the remaining portion of PepsiAmericas, at an offer of $23.27 – or $11.64 plus 0.223 PepsiCo shares – in exchange for each PepsiAmericas share. In August 2009, PepsiCo also made an offer for Pepsi Bottling Group, the world's largest bottler of Pepsi-Cola products. On February 26, 2010, after regulatory review, PepsiCo's acquisitions of the two bottling companies was completed, forming a new, wholly owned subsidiary, the Pepsi Beverages Company.
Posted on 15 Sep 2024, this text provides information on Business related to Miscellaneous in Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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