PepsiCo will buy carbonated drink-machine maker SodaStream for $3.2 billion as it battles Coca-Cola for an edge in the health-conscious beverage market. Sonia Legg reports
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It's the latest foray into more-healthful offerings for the food and beverage giant, which has shifted from soft drinks toward products such as juices, hummus and oatmeal.
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It's the latest foray into more-healthful offerings for the food and beverage giant, which has shifted away from its roots in cola toward products such as hummus and kombucha.
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Dairy foods are popular among consumers, and sales gross more than $125 billion per year. With dairy product popularity comes new demands from consumers for healthier, low-calorie products that taste the same as their higher calorie counterparts. Researchers now review the options available to the dairy industry to reduce sugar in products such as ice cream, yogurt, and flavored milk without sacrificing flavor.
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The deal for the maker of home-carbonation machines is a late effort by PepsiCo's departing chief executive to firmly steer the company away from sugary sodas.
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JERUSALEM - PepsiCo bought carbonated drink maker SodaStream for $3.2 billion on Monday, a move the beverage giant hopes will further help it adjust as consumers drink less traditional soda and opt more for flavored waters and other drinks.
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PepsiCo Inc. agreed to buy fizzy-drinks dispenser SodaStream International Ltd. for $3.2 billion, sending the company synonymous with sugary sodas into the homes of more health-conscious consumers. PepsiCo will pay $144 a share in cash for the Israeli company, the companies said in a statement...
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Tyson Foods announced Monday that it would buy Keystone Foods in a $2.16 billion deal.
Tyson , which is the largest U.S. meat supplier by sales, will expand its range of products and have a larger global reach with the acquisition.
Keystone is a supplier of meat protein to fast food restaurants and retail stores across the world, including serving as a major supplier of chicken nuggets to McDonald's. Other products include beef patties, ready-to-cook chicken wings, and fish filets. Tyson will purchase Keystone from Brazil's Marfrig Global Foods, which had bought out Keystone in 2010 and...
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Attorney General William Barr is ready to announce the end of the Russia investigation as early as next week, CNN reported. The news comes after previous reporting indicated... Read more ...
At a press event in San Francisco, Samsung detailed its first truly foldable phone: The Galaxy Fold. Here's everything you need to know. Read more ...
Samsung is working with game engine maker Unity Technologies to make games run smoother on the new Samsung Galaxy S10 smartphone. Read more ...
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The Department of State has barred US-born "ISIS bride" Hoda Muthana from returning to the United States. The 24-year-old woman, who her lawyer claims was born in the US in... Read more ...
Amazon backed out of a deal on February 14 to develop part of its second headquarters - known as HQ2 - in New York City, in exchange for a total of $3 billion in tax breaks it... Read more ...
There is no due process in the court of public opinion. As a result, narratives shape public perception, sometimes to great societal detriment. When actor Jussie Smollett... Read more ...
President Donald Trump on Wednesday revived a nickname he used for Sen. Bernie Sanders during the 2016 campaign season: "Crazy Bernie." After Sanders on Tuesday announced he's... Read more ...
Seven Labour MPs and four Conservative MPs this week quit their parties to form a new centrist bloc called the Independent Group. The group's members are all vocal opponents of... Read more ...