Pepsi-Lebedyansky juice deal nears completion

03/20/2008 | Reuters

PepsiCo and the Pepsi Bottling Group are on track to purchase more than 75% of Lebedyansky, the leader in the Russian juice market, for $1.4 billion. Once the deal is complete, PepsiCo and Pepsi Bottling also will offer to buy out remaining shareholders, which could lead to total ownership of the company.

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