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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 |
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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