PepsiCo to pay $1.2 billion to buy Siete, to boost multicultural food offering

PepsiCo’s stock rose Tuesday, bucking the selloff in the broader stock market, after the beverage and snacks giant announced an agreement to buy Mexican-American foods maker Siete Foods for $1.2 billion a week before earnings are released.

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PepsiCo to pay $1.2 billion to buy Siete, to boost multicultural food offering

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See also

Boeing’s bonds signal view that company has bought time with credit-raters to avoid slide to junk

The Papers: 'Right time to buy into Britain' and university expenses

Legendary buys out China's Wanda ownership stake

How to counter a low-ball salary offer

Fuji Soft to Consider Bain Capital's Offer

Swedish firm OX2 buys 1GW onshore wind project in Australia

We're buying more of a stock that has gone on sale since reporting earnings

Costco's gold bars are selling out. Here's where else to buy them.

Google to buy nuclear power for AI datacentres in ‘world first’ deal

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