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PEP PepsiCo Inc

176.15
0.70 (0.40%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
PepsiCo Inc NASDAQ:PEP NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.70 0.40% 176.15 161.08 181.01 176.49 175.00 175.80 3,492,173 05:00:00

UK Antitrust Regulator Clears PepsiCo's Acquisition of Pioneer Food Group

18/03/2020 9:43am

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By Adria Calatayud

 

The U.K. Competition and Markets Authority on Wednesday cleared PepsiCo Inc.'s proposed acquisition of South Africa's Pioneer Food Group Ltd.

The antitrust regulator said it has decided not to refer the deal to an in-depth investigation based on the information currently available to it.

The CMA in January said that it was considering whether the acquisition might hurt competition in the U.K.

PepsiCo in July agreed to buy Pioneer Food for $1.7 billion.

 

Write to Adria Calatayud at adria.calatayud@dowjones.com

 

(END) Dow Jones Newswires

March 18, 2020 05:28 ET (09:28 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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