PepsiCo completes acquisition of poppi for $1.95 billion
PepsiCo, Inc. announced that it has closed the acquisition of poppi for $1.95 billion, including $300 million of anticipated cash tax benefits for a net purchase price of $1.65 billion. The transaction also includes a performance-based earnout contingent on achieving certain performance metrics. This acquisition marks a significant step in PepsiCo’s ongoing transformation of its […]
Shah inaugurates Falcon Agrifriz’s frozen potato products facility in Mehsana
In a landmark moment for India’s food processing industry, Falcon Agrifriz Foods Private Limited inaugurated its state-of-the-art, fully automated frozen potato products manufacturing facility in Mehsana, Gujarat. The plant was inaugurated by the Hon’ble Home Minister and Minister of Cooperation, Government of India, Shri Amit Shah, in the presence of the Hon’ble Chief Minister of […]
2,500 litres of adulterated milk seized in UP’s Mathura; driver held
A tanker carrying 2,500 litres of adulterated milk from Dholpur in Rajasthan to a dairy in Raya town was seized in Mathura on Wednesday, officials said. The milk was destroyed after testing, and the driver was arrested. Mahavan Sub-Divisional Magistrate (SDM) Adesh Kumar said that acting on a tip-off, a joint team of local administration […]
