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PEPSICO TO ACQUIRE FULL OWNERSHIP OF SABRA AND OBELA

November 28, 2024
PepsiCo Inc. has announced its plans to acquire full ownership of Sabra and Obela, two leading hummus brands. This strategic expansion deal aligns with PepsiCo's commitment to providing healthier snacking options to its customers. With the growing demand for plant-based foods and healthier alternatives, the acquisition of Sabra and Obela will further strengthen PepsiCo's position in the market. The company aims to capitalize on the increasing trend of consumers seeking healthier and convenient snack options, and this acquisition will play a crucial role in achieving that. Investors are advised to seek professional advice from Stocks Prognosis to make informed decisions about the future prospects of PepsiCo's stock.
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