PepsiCo Plans To Acquire South Africa’s Pioneer Foods | 7/11/2017 | Staff
Nighty (Posted by) Level 3
JOHANNESBURG (Reuters) – U.S.-based beverage and snack maker PepsiCo is planning to acquire South Africa’s Pioneer Food Group for around $1.7 billion, the two companies said on Friday, as it targets expansion in Africa.

PepsiCo offered a cash consideration of 110 rand ($7.94)...
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