|
|
Category:
Press
» Food & Drinks |
|
PepsiCo to Invest $2.5 Billion in China Over Next Three Years (Popularity:  )
http://www.pepsico.com
PepsiCo, one of the world's largest food and beverage companies, today announced that it plans to invest an additional US$2.5 billion in China over the next three years. The newly announced investment is in addition to the US$1 billion investment the company announced in 2008, which will be completed this year."I am delighted to announce that over the next three years we expect to invest $2.5 billion in our food ...
|
Friendly Ice Cream Corporation To Be Acquired by an Affiliate of Sun Capital Partners for $15.50 per Share in Cash (Popularity: )
http://www.friendly.com
Friendly Ice Cream Corporation (Amex: FRN) today announced that it has entered into a definitive agreement under which it will be acquired by Freeze Operations Holding Corp, an affiliate of Sun Capital Partners, Inc., in an all-cash transaction for $15.50 per share for a total consideration of approximately $337.2 million. The transaction has no financing contingency. The purchase price represents an 8.2% premium over the closing price of Friendly's common ...
|
Frutarom Acquires Adumim Food Additives' Activity; Continues Implementing Rapid Growth Strategy (Popularity: )
Frutarom Industries Ltd. (LSE: FRUT, TASE: FRUT, OTC: FRUTF.PK) announced today that on June 28, 2007 its wholly owned subsidiary, Frutarom Ltd., signed an agreement to acquire the activity of Adumim Food Additives Ltd. ("Adumim"), a public company listed on the Tel Aviv Stock Exchange, which was established in 1977 by, among others, Dr. Eli Pintus and Prof. Nissim Garti. According to the terms of the agreement Frutarom will purchase ...
|
|
|
