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PepsiCo is selling Tropicana as customers continue to ditch juice

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Pepsi is selling a controlling stake of its juice brands, which includes Tropicana and Naked, to a private equity firm in a multibillion-dollar deal.

The sale is part of the company’s efforts to focus on faster-growing beverages as consumers are ditching sugary drinks.

The deal will be worth 3.3 billion dollars with the option for Pepsi to eventually sell its European juice businesses at a later date.

Funds from the sale will be used to strengthen the company’s balance sheet and is expected to close later this year or early 2022 depending on regulatory approvals.

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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