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PepsiCo's Be & Cheery Acquisition Targets Online Snacks Growth in China
February 25, 2020

PepsiCo's Be & Cheery Acquisition Targets Online Snacks Growth in China

This weekend, PepsiCo, Inc. announced that it had agreed to acquire Hangzhou Haomusi Food Co., Ltd. ('Be & Cheery'), one of the largest online snacks companies in China, from Haoxiangni Health Food Co., Ltd. ('Haoxiangni') for USD 705 million.

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