Acquisition by Pepsi Co of SAs Pioneer Foods under scrutiny

Competition authorities in the UK said yesterday that they were investigating the anticipated acquisition by PepsiCo of South African food and drinks company Pioneer Food Group.

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Coca-Cola Reports Strong Growth in Fourth Quarter and Full Year 2019 Net revenues grew 16% to $9.1 billion for the quarter and 9% to $37.3 billion for the year. Organic revenues (non-GAAP) grew 7% for the quarter and 6% for the year.