Day: July 19, 2019

PepsiCo Targets African Growth With Offer To Acquire Pioneer Foods

PURCHASE, New York and JOHANNESBURG, July 19, 2019 /PRNewswire/ — PepsiCo, Inc. (NASDAQ: PEP) (“PepsiCo”) today announced that it has entered into an agreement to acquire all the outstanding shares of Pioneer Foods Group Ltd. (JSE: PFG) (“Pioneer Foods”) for R110.00 per share in cash (approximately US $1.7 billion), which represents a 56% premium to the […]