5 result(s) displayed (1 - 5 of 5):

Pepsi earnings put merger in doubt (from Corporate Dealmaker)

Wall Street underestimated Pepsi Bottling Group Inc. (NYSE:PBG), which said second-quarter profit rose 21% on a tax gain and slower declines in Canada and the U.S. On the flip side, though, its revenue missed Street expectations. Sales of bottled water and more expensive offerings, like ready-to-drink teas, have weakened during...

Posted on July 8, 2009 3:30 PM

Pepsi investing another $1B in Russia (from Corporate Dealmaker)

PepsiCo Inc. (NYSE:PEP) chairman and CEO Indra Nooyi is in Russia this week with U.S. President Obama -- and other corporate execs -- to increase business ties between the nations. The relationship could be significantly increased if companies feel there is stability in Russia, which has a rep for...

Posted on July 6, 2009 11:37 AM

Pepsi may pay more for synergies (from Corporate Dealmaker)

Barring other tactics, PepsiCo Inc. (NYSE:PEP) will need to raise its $6 billion cash-and-stock bid for its two biggest bottlers. The transactions committee at PepsiAmericas Inc. (NYSE:PAS) followed suit with the special committee at larger Pepsi Bottling Group Inc. (NYSE:PBG), saying the offer "significantly undervalues the strategic benefits of system...

Posted on May 7, 2009 8:56 AM

Bottler to Pepsi: Pay up for those synergies! (from Corporate Dealmaker)

It looks like Pepsi Bottling Group Inc. (NYSE:PBG) is accusing PepsiCo Inc. (NYSE:PEP) of recession bidding. PepsiCo's $6 billion cash-and-stock offer to buy out the bottler and PepsiAmericas Inc. was reviewed by a special committee being advised by Morgan Stanley and Cravath, Swaine & Moore LLP.The committee decided the offer...

Posted on May 4, 2009 10:02 AM

As U.S. struggles, PepsiCo invests $4B in Mexico, China (from Corporate Dealmaker)

As U.S. sales stall, PepsiCo Inc. is looking abroad to boost profits. Thursday, the Purchase, N.Y.-based beverage giant said it would invest up to $3 billion in Mexico -- where it has more than 40,000 employees -- over the next several years. Two billion dollars will go to R&D, manufacturing...

Posted on November 21, 2008 9:46 AM