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PepsiCo targets online snacks growth in China with definitive agreement to acquire Be & Cheery

Indiaretailing Bureau -
PepsiCo, Inc. announced that it has entered into a definitive agreement to acquire Hangzhou Haomusi Food Co., Ltd., one of the largest online snacks companies in China, from Haoxiangni Health Food Co., Ltd. for US $705 million. PepsiCo has been...
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