Pepsi fizzes with Q2 success July 8, 2009 Pepsi Bottling, the soda distributor that rejected a takeover offer by PepsiCo, beat analysts expectations yesterday in its second-quarter profits. Excluding restructuring costs and a tax gain, profit totaled 78 cents a share in the 12 weeks ended June 13. Analysts anticipated 73 cents.
Pepsi fizzes with Q2 success July 8, 2009 Pepsi Bottling, the soda distributor that rejected a takeover offer by PepsiCo, beat analysts expectations yesterday in its second-quarter profits. Excluding restructuring costs and a tax gain, profit totaled 78 cents a share in the 12 weeks ended June 13. Analysts anticipated 73 cents.
PEPSICO LOOKS FOR RUSSIAN FIZZ July 6, 2009 PepsiCo pledged yesterday to invest $1bn (£616m) in Russia over three years. It said it was confident in the Russian market, which is still growing despite the financial crisis. Russia is critical for PepsiCo, which is looking to boost profits as recession and changing consumer habits limit sales growth in the US.
InBev finally buys maker of Budweiser July 15, 2008 American brewing giant AnheuserBusch yesterday succumbed to a $52bn (£26bn) takeover bid from InBev, creating the world’s largest brewer and ending a month of acrimony between the two firms. InBev increased its offer for the maker of Budweiser to $70 a share, up from its original bid of $65 a share, marking a premium of [...]
Party like it’s 1999 November 2, 2005 Mergers and acquisitions are back and they’re almost as lucrative as they were during the last feverish round. It’s a throwback to the turn of the century: multibillion pound mergers are announced by the day, the stock market is soaring, city pubs and wine bars are buzzing. All that’s missing is the sight of grown [...]