Pepsico

SodaStream celebrated the deal by promoting a 20% off sale on its website on Monday. Pic: ©GettyImages/champlifezy@gmail.com

PepsiCo buys SodaStream for $3.2bn

By Beth Newhart

PepsiCo announced Monday that it has acquired Israel-based SodaStream International for $144 per share in a deal valued at $3.2 billion.

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.

Pic:getty/handmadepictures

Guest article

High intensity sweeteners industry to show 2.3% CAGR

By Ravi Chawat, Allied Market Research

The demand for healthy and natural products has led to the adoption of plant-based sweeteners such as stevia and monk fruit, with these natural sweeteners offering 200 to 300 times the sweetening power of processed sugar. In this guest article, Ravi Chawat...

PepsiCo to rebalance push on lower calorie beverages

PepsiCo to rebalance push on lower calorie beverages

By Rachel Arthur

PepsiCo says its focus on introducing new lower calorie beverages in the US this summer has come at the expense of its core Pepsi and Mountain Dew brands: with the company now pledging to step up marketing, shelf space, and low/no calorie options for...

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