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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.

Food Dive · 1d

PepsiCo to acquire full ownership of Sabra, Obela brands for $244M

The deal with Strauss Group will enable the CPG giant to expand its better-for-you portfolio by giving it full control over the dip and spread products.

Business Insider · 1d

PepsiCo to acquire remaining 50% interest of Sabra and Obela, terms undisclosed

PepsiCo (PEP) announced its agreement to acquire the remaining 50% interest in Sabra and PepsiCo-Strauss Fresh Dips & Spreads

MarketWatch · 1d

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.

GlobalData on MSN · 1d

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,

bovnews7h

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 ...

3don 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 ...

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.com9d

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 ...

SportsPro1d

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.

2don MSN

San Francisco Mayor London Breed loses reelection to Levi Strauss heir Daniel Lurie

San Francisco Mayor London Breed has lost her reelection race to Levi Strauss heir Daniel Lurie. Incumbent San Francisco ...

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 ...

Asian News International12h

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 ...

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