PepsiCo Inc. said Tuesday it has made a deal to buy its two largest bottlers, Pepsi Bottling Group Inc. and PepsiAmericas Inc., for a total of $7.8 billion in cash and stock. The acquisition is expected to save the combined entity about $300 million by 2012 as supply chains are integrated, along with other cost efficiencies. And it is expected to add to PepsiCo's profit by 15 cents a share by that same year. PepsiCo will pay $36.50 a share for Pepsi Bottling Group Inc. and $28.50 a share for PepsiAmericas Inc., half in cash and half in stock.PepsiAmericas employed 20,800 at the end of fiscal 2008, according to a company filing. Pepsi Bottling had 66,800 workers.
Wednesday,05 August 2009
-SoftTouchLenses.com
