PepsiCo buying Russia's Wimm-Bill-Dann for 5.8 bln dlrs

2nd December 2010, Comments 0 comments

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

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