PepsiCo to sell Tropicana, Naked, and other juice brands in North America
PepsiCo has agreed to sell Tropicana, Naked, and certain other juice brands in North America to PAI Partners, a French private equity firm, for around $3.3 billion. The soft drinks giant also has a binding option to divest some juice businesses in Europe as part of the deal, while retaining a non-controlling stake of 39% […]