Davis Polk Reps PepsiCo In $3.8B Wimm-Bill-Dann Deal
After the acquisition is complete, PepsiCo will offer to buy the remaining shares of Wimm-Bill-Dann, the companies said in a joint statement. The purchase price implies a total enterprise value of $5.4 billion, they said.
The $33 per share price is a 32 percent premium over the 30-day average trading price...
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