PepsiCo, Suntory Joining Forces In Vietnam Bottling Biz
Under the deal’s terms, PepsiCo will hang onto a 49 percent stake in the business while Suntory overtakes majority ownership. The shared venture will be both companies’ Vietnam-based bottler. PepsiCo’s Vietnamese snack business, which includes the Poca brand, is untouched by the transaction.
Neither PepsiCo nor Suntory disclosed financial terms or said...
To view the full article, register now.