PepsiCo agrees to buy South Africa’s Pioneer Foods for $1.8bn

Pepsico has offered R110 ($7.89) a share - a premium 56% over Pioneer Food's last closing price - to acquire it. Pioneer is a leading South African food manufacturer whose brand portfolio includes Weet-Bix and Bokomo (cereals)Liqui-Fruit and Ceres (fruit juice)Sasko (baked goods)Spekko (rice), and White Star (maize meal). [...]
FULL CONTENT AVAILABLE TO SUBSCRIBERS ONLY
I’d like a free demo
Learn more about the Knowledge Centre
ALREADY SUBSCRIBED?