After 10 years in business, the Garza family sold their company Siete Foods to PepsiCo (NASDAQ: PEP) for a cool $1.2 billion.
PepsiCo has increased its quarterly dividend payment almost 10-fold from $0.14 per share to $1.355 over 23 years, for a solid ...
There are times on Wall Street when you just have to throw caution to the wind. Sure, Mr. Market may be downbeat on a stock, ...
Siete, which produces Mexican-American food products such as chips, tortillas, salsas, sauces and seasonings, was acquired by PepsiCo earlier this month for $1.2 billion. The brand began working ...
The acquisition of Siete Foods dovetails nicely with Pepsi's November acquisitions of Sabra and Obela. Pepsi had already owned half of both joint ventures but moved to acquire the rest ...
Gruma faces challenges from rising corn prices and competition, but has opportunities for growth in the U.S. market. Click ...
These two acquisitions are relevant in another way: They show the diversity of PepsiCo's business. Siete makes everything from chips to packaged food items. Sabre makes dips, which could fall into ...