Category: PepsiCo
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Strauss sells 50% Sabra dips stake to PepsiCo
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Strauss Group (TSE: STRS) announced that it will sell its 50% stake in Sabra Dipping Co. and PepsiCo-Strauss Fresh Dips & Spreads International GmbH (Obela) for $243.8 million. In 2005, Strauss acquired 51% of Sabra for $9 million, and in 2008 PepsiCo bought the remaining shares and formed a joint…
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PepsiCo outlines growth strategies amid market challenges By Investing.com
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In the Q3 2024 earnings call, PepsiCo (ticker: NASDAQ:) executives discussed the company’s performance and future strategies. Despite facing consumer behavior changes and geopolitical concerns, PepsiCo is optimistic about long-term growth, particularly in the Frito-Lay segment and international markets. The company is focusing on enhancing core products, investing in promotional…