Since the crisis, Pepsi's made it a priority to buy back its U.S. supply chain in deals valued at $14 billion, adding to other takeovers for a total of $19.4 billion. In August 2009, Pepsi bought back the stakes in its Pepsi Bottling and PepsiAmerica's divisions previously spun through IPO's. After first bids by Pepsi were rejected for being too low, a price increase made the buybacks go through. In 2010, Pepsi reported a doubling of revenue in its North American beverages unit to $20.4 billion and it saw overall revenue grow by a third to $57.8 billion, bolstered by its bottling operations.After previous mergers like Pepsi's $3.3 billion buy of Tropicana in 1998 and its $13.4 billion Quaker purchase in 2001, the snacks, sodas, sports drinks and breakfast giant now has nineteen different product lines that with more than $1 billion in annual sales. In December 2010, Pepsi also took control of Wimm-Bill Dann in its largest international acquisition that makes the Purchase, NY -based company the biggest foods seller in Russia. Written by Antoine Gara in New York.
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