YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
PepsiCo entered a deal to buy South Africa’s Pioneer Foods Group for $1.7 billion.
“Pioneer Foods forms an important part of our strategy to not only expand in South Africa, but further into sub-Saharan Africa as well,” PepsiCo Chairman and CEO Ramon Laguarta said.
Pioneer's brands include Weet-Bix cereal, Liqui Fruit juice and Sasko bread.
Read more from Reuters.
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