PepsiCo in Talks to Buy Siete Foods for Over $1 Billion, WSJ Reports
(Reuters) -PepsiCo is in advanced talks to acquire tortilla-chip maker Siete Foods for more than $1 billion, the Wall Street Journal reported on Monday, citing people familiar with the matter. Texas-based Siete Foods is owned by the Garza family and operated by all seven of its members.
It’s a big day for Siete Family Foods. PepsiCo has agreed to acquire the Austin-based packaged food company for $1.2 billion.
PepsiCo’s stock rose Tuesday, bucking the selloff in the broader stock market, after the beverage and snacks giant announced ...
The Lay’s brand owner said the deal will “complement PepsiCo's portfolio with the addition of an authentic, Mexican-American ...
PepsiCo acquires Siete Foods in a $1.2 billion deal, adding a popular Mexican-American brand to its portfolio and expanding ...
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