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PepsiCo takes full control of Sabra Obela from Strauss Group for $244 million
PepsiCo purchased 50% of the Sabra Obela dips brand from Strauss for $244 million (NIS 900 million), making it the full owner.
PepsiCo Takes Full Ownership of Sabra, Obela Brands
Pepsico and Strauss Group formed Sabra as a 50-50 joint venture in 2008, and did the same for Obela in 2012. The transaction is expected to close by the end of the year. PepsiCo said the deal is part of an effort to develop its health-conscious products for North American consumers.
PepsiCo to acquire full ownership of Sabra and Obela JVs
PepsiCo is to buy out Israel's Strauss Group from their Sabra and Obela dips ventures. The US giant did not disclose how much it had agreed to pay for the 50% stakes in US-based Sabra Dipping Company and Switzerland-based PepsiCo-Strauss Fresh Dips & Spreads International,
bovnews
4h
LEVI Unveiled: The Shocking Truth Behind Levi Strauss & Co’s Latest Stock Movements
On Friday, Levi Strauss & Co (LEVI) stock saw a modest uptick, ending the day at $16.32 which represents a slight increase of $0.35 or 2.19% from the prior close of $15.97. The stock opened at $16.09 ...
3d
on MSN
Matt Strauss, Donna Langley Will Lead New NBCUniversal
Matt Strauss and Donna Langley have been named to top roles at the new NBCUniversal, a move that pairs an executive ...
SportsPro
1d
Matt Strauss to oversee Comcast sports division as new chairman of NBCU Media Group, plus more
All of the week’s Movers & Shakers in one place, including Matt Strauss' appointment as NBCU Media Group chairman in Comcast reshuffle.
3d
Will Levi Strauss Heir's Bold First Step As Mayor Keep Residents In San Francisco?
San Francisco's mayor-elect, billionaire Levi Strauss heir Daniel Lurie, is set to confront the city's persistent housing and ...
Jweekly.com
9d
Where does Daniel Lurie’s fortune come from? Here’s the Levi Strauss heir’s family tree
Daniel Lurie’s ties to Levi Strauss and his fortune follow a long thread of local and family history. J. unspools this very ...
3d
on MSN
San Francisco Mayor London Breed loses reelection to Levi Strauss heir Daniel Lurie
SAN FRANCISCO -- San Francisco Mayor London Breed lost her reelection race to Levi Strauss heir Daniel Lurie. The Associated ...
Asian News International
8h
Jaiswal, Rahul become first visiting pair since Cook, Strauss to post 150-plus run partnership in Australia
Yashasvi Jaiswal and KL Rahul's record-defining partnership on Day 2 of the Border Gavaskar Trophy against Australia in Perth ...
11d
AI won't replace creativity in game development, says Take-Two CEO Strauss Zelnick
Take-Two CEO Strauss Zelnick thinks the ongoing AI revolution will not significantly affect the game production industry from ...
5d
CoD BO6 projector puzzle: How to read the Strauss Counter explained
Obtaining the Strauss Counter in Liberty Falls requires you to complete the third step of the main Easter Egg quest. After ...
BroadwayWorld
6d
Review: STRAUSS AND SIBELIUS at the NY Philharmonic
Miah Persson performed Richard Strauss’s Four Last Songs with conductor Santtu-Matias Rouvali and the New York Philharmonic ...
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