Pepsi Looks to Buy Remainder of Wimm-Bill-Dann

Pepsi Looks to Buy Remainder of Wimm-Bill-Dann

February 24/Moscow/Russian Financial Control Monitor -- PepsiCo Inc said it has made an offer to minority shareholders for the remaining 23.02% of Russian juice and dairy company Wimm-Bill-Dann (WBD).

The company increased its stake in WBD ordinary shares to about 77% earlier this month in a deal that made PepsiCo the largest food and beverage business in Russia.

From the March 7, 2011, Prepared Foods E-dition

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