PepsiCo Purchase
On 2 December 2010, PepsiCo agreed to buy 66% of Wimm-Bill-Dann for $3.8 billion. The purchase will be one of the biggest foreign investments yet seen in Russia outside the energy industry.
Read more about this topic: Wimm-Bill-Dann Foods
Famous quotes containing the word purchase:
“Riches are valuable at all times, and to all men; because they always purchase pleasures, such as men are accustomed to, and desire: Nor can any thing restrain or regulate the love of money, but a sense of honour and virtue; which, if it be not nearly equal at all times, will naturally abound most in ages of knowledge and refinement.”
—David Hume (1711–1776)