A wholly-owned subsidiary of US multinational food, snack and beverage corporation PepsiCo has given notice of its firm intention to make an offer to acquire the issued ordinary shares of South African packaged goods company Pioneer Foods, the two said on Friday.
“The base price represents a premium of 56.5% to the 30-day volume-weighted average traded price of Pioneer Foods ordinary shares of R70.31, as at 12 July,” the companies said. It said PepsiCo’s existing portfolio, with its broad nutritional offerings, could provide many benefits to both the South African and broader African consumer. Acquiring Pioneer Foods would increase PepsiCo’s presence in a country and region of high growth potential.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오: