PepsiCo to buy bottlers for $7.8 billion;shares up

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August 04, 2009

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PepsiCo Inc (PEP.N) agreed to buy its bottlers Pepsi Bottling Group Inc (PBG.N) and PepsiAmericas Inc (PAS.N) in a sweetened $7.8 billion deal, after a decade of operating as separate companies, as it seeks to cut costs and boost profits in North America.

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Frito-Lay North America (FLNA)
Frito-Lay North America (FLNA) includes Pepsico's snack operations in the United States and Canada where the company dominates the market with a range of savory snacks brands including Lay's, Ruffles, Doritos, Tostitos, Fritos, Cheetos and Sunchips

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