PepsiCo buying Russia's Wimm-Bill-Dann for 5.8 bln dlrs
The US soft drink giant PepsiCo will buy Russia's Wimm-Bill-Dann fruit and juice maker for 5.8 billion dollars, a spokeswoman with the Russian company said Thursday.
The purchase, which must still be approved by the US company's board, will give PepsiCo 100-control of Wimm-Bill-Dann.
The acquisition is believed to be the largest in PepsiCo's history.
© 2010 AFP