PepsiCo purchased 50% of the Sabra Obela dips brand from Strauss for $244 million (NIS 900 million), meaning the brand is now fully owned by PepsiCo as the company already owned 50%.

--PepsiCo, Inc. today announced its agreement to acquire the remaining 50% interest in Sabra Dipping Company, LLC and PepsiCo-Strauss Fresh Dips& Spreads International GmbH and become the sole ...

Pepsico and Strauss created Sabra as a joint venture in 2008, with each company owning 50% of the business. They replicated that model four years later with PepsiCo-Strauss Fresh Dips & Spreads ...

PepsiCo entered into a 50/50 joint venture with Strauss for the Sabra and Obela brands in 2008 and 2012, respectively. PepsiCo’s acquisition will help it “meet the growing demand for positive ...

Following the deal, PepsiCo will be the sole owner of Sabra and Obela products. The Israeli food manufacturer first bought 51% of Sabra’s operations in 2005 for about $9 million.

PepsiCo announced Monday it has officially acquired Poppi, a healthier soda brand. The move comes after PepsiCo’s acquisition of both food makers Siete and Sabra, all “aimed at aligning with ...

(RTTNews) - Snack and beverage giant PepsiCo, Inc. (PEP) announced Friday its agreement to acquire the remaining 50% interest in Sabra Dipping Company, LLC, and PepsiCo-Strauss Fresh Dips ...

Oneok (NYSE: OKE), and PepsiCo (NASDAQ: PEP) are currently down more than 25% from their 52-week highs. The silver lining to ...

PepsiCo's dividend yield is approaching 4.5% because of a big slump in its stock price this year. That's a very attractive ...

PepsiCo, Inc. (NASDAQ: PEP) today announced its agreement to acquire the remaining 50% interest in Sabra Dipping Company, LLC (Sabra) and PepsiCo-Strauss Fresh Dips & Spreads International GmbH ...

PURCHASE, N.Y., Nov. 22, 2024 /PRNewswire/ -- PepsiCo, Inc. (NASDAQ: PEP) today announced its agreement to acquire the remaining 50% interest in Sabra Dipping Company, LLC (Sabra) and PepsiCo ...