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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Proactive Sport | LSE:PAS | London | Ordinary Share | GB0030432735 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.00 | - |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Dec 2019 to Dec 2024
PepsiCo Inc. (PEP) Chief Executive Indra Nooyi, speaking at the beverage maker's annual meeting, highlighted the benefits the company would get from acquiring its bottlers, but didn't say how the company will proceed with the deals.
One of its bottlers, Pepsi Bottling Group Inc. (PBG), this week rejected the bid Pepsi made a few weeks ago. The bottler called the bid undervalued.
At the annual meeting, Nooyi simply reiterated Pepsi's prior arguments for its interest in buying Pepsi Bottling and PepsiAmericas Inc. (PAS), saying the deals would offer cost savings that would allow for further reinvestment in PepsiCo brands. She said she wouldn't provide further updates at the meeting.
The company expects its Americas beverages business to show sequential improvement this year, she said. Nooyi said the company continues to maintain a "maniacal" focus on cash and that in recent months, it has made a discretionary $1 billion contribution to its pension plan.
-By Anjali Cordeiro, Dow Jones Newswires; 201-938-2408; anjali.cordeiro@dowjones.com
1 Year Proactive Sport Chart |
1 Month Proactive Sport Chart |
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