Juice Drinks

Beyti is 52% owned by Saudia Arabian dairy firm Almarai Company, and 48% by PepsiCo Inc. Pic: ©Getty Images/MidoSemsem

EBRD supports Egypt’s Beyti with $44m loan

By Jim Cornall

The European Bank for Reconstruction and Development (EBRD) is providing Egyptian dairy and juice producer, the International Company for Agricultural Industries Projects, S.A.E (Beyti), with a $44m loan.

Focus Brands already owns chains like Cinnabon, Auntie Anne’s and Carvel. Pic:getty/samael334

Jamba Juice acquired by Focus Brands for $200m

By Beth Newhart

Atlanta-based Focus Brands Inc has announced a definitive merger deal with Texas-based Jamba, Inc., under which Focus brands will acquire Jamba for $13 per share in cash, worth approximately $200m.

Accessibility advocates are calling for these plastic straw bans to be flexible and not so absolute. Pic: ©GettyImages/jon11

Disney to eliminate plastic straws from all locations

By Beth Newhart

The Walt Disney Company has announced it will be the latest major corporation to cut down on plastic waste by phasing out single-use straws, joining the ranks of Starbucks and McDonald’s. Disney will phase them out of its global theme parks by 2019.

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