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PepsiCo’s acquisition of Pioneer Foods is credit positive, says Moody’s

By Linda Montag, Senior Vice President at Moody’s
22 July 2019 • 1 min read

On 19 July, PepsiCo Inc. (A1 stable) announced that it has agreed to acquire all of the outstanding shares of Pioneer Foods Group Ltd., a South-African based producer of cereals, juices, and other African food staples, for $1.7 billion. (more…)


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