Displaying posts tagged with

“PepsiCo”

Feb
25
2010
Business By Arvind Nair | Comments turned off

Coke to buy North American bottler?

Coca-Cola, the soft drinks giant, is said to be close to buy the North American operations of bottler Coca-Cola Enterprises Inc.
According to sources, the deal is struck for about $15 billion including debt. If through, the move will reverse Coke’s 14-year strategy of keeping its bottling operations and main business of developing and marketing the [...]

Jan
6
2010
Business By Pranika Jain | Comments turned off

Buffet asks Kraft’s shareholders to act as owners, says ‘no’ to Cadbury offer

The report of Warren Buffet trying to hold back Kraft Foods Inc. in its quest to acquire Cadbury Plc elicited a strong sense of déjà vu for those who had witnessed Buffett restraining investor who helped scuttle Coca-Cola Co.’s bid for Quaker Oats, 10 years ago. Buffett’s Berkshire Hathaway Inc., Kraft’s biggest shareholder (9.34 per [...]