PepsiCo announces $1.2bn acquisition of Siete Foods to expand multicultural portfolio

PepsiCo announces $1.2bn acquisition of Siete Foods to expand multicultural portfolio

PepsiCo, Inc., one of the world’s largest food and beverage companies, has announced a definitive agreement to acquire Siete Foods, a rapidly growing Mexican-American brand, for a staggering $1.2 billion. This acquisition represents a significant move by PepsiCo to diversify and expand its portfolio, particularly in the growing “better-for-you” food market. Siete Foods is renowned […]

OcuMension secures Alcon eye drop rights with 16.7% stake, marking major strategic shift

OcuMension secures Alcon eye drop rights with 16.7% stake, marking major strategic shift

OcuMension Therapeutics has struck a landmark deal with Alcon Inc., acquiring commercialization rights for a portfolio of eye care products in China. In exchange, OcuMension will issue 139,161,120 shares to Alcon, amounting to a 16.7% stake in the company. This strategic partnership marks a significant move for OcuMension, making Alcon one of its largest shareholders […]

Quantum Capital Group to acquire Cogentrix Energy from Carlyle Group for $3bn

Quantum Capital Group to acquire Cogentrix Energy from Carlyle Group for $3bn

Quantum Capital Group, a prominent investment firm, has announced it will acquire Cogentrix Energy, a major U.S. independent power producer, from funds managed by Carlyle Group for approximately $3 billion. The acquisition includes Cogentrix’s extensive portfolio of natural gas-fired power plants, which collectively provide 5.3 gigawatts of reliable energy across key U.S. markets. Cogentrix’s Power […]