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PepsiCo Inc. Acquires Full Ownership of Sabra and Obela

November 22, 2024
PepsiCo Inc., a leading food and beverage company, has announced its acquisition of full ownership of Sabra and Obela. This strategic move will allow PepsiCo to further expand its presence in the global snack market. With Sabra being a popular brand of hummus and Obela specializing in dips, this acquisition strengthens PepsiCo's portfolio and enhances its ability to meet the growing consumer demand for healthier snack options. Market analysts predict that this acquisition will have a positive impact on PepsiCo's stock performance. To get a professional forecast of the stock movements of PepsiCo Inc., it is recommended to consult the experts at Stocks Prognosis.
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