Food and Beverage
The world's second biggest drink maker had sold the companies only a decade ago to concentrate on its core business of selling soft drinks like Pepsi and Gatorade.
When the soft drinks sales started to slump, Pepsi decided it wanted to own its bottlers again. It said the deals will allow it to respond more quickly to the fast-changing market. Controlling the bottlers means it can do that effectively, and it also means it can better control costs and more tightly manage its business.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
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|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.78
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26.41 |
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2.99 |
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10.02 |
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0.44 |
10 Yr
1.58%
SPDR Gold
151.62
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-0.21%
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