Tuesday 19 March 2024
 
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Almarai mulls stake hike in PepsiCo JV

Saudi Arabia's Almarai is in talks with PepsiCo to increase its stake in a joint venture formed with the US soft drink giant in 2009, the dairy firm said on Tuesday. Almarai, the Gulf's biggest dairy firm by market value, currently holds

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Almarai mulls stake hike in PepsiCo JV

Saudi Arabia's Almarai is in talks with PepsiCo to increase its stake in a joint venture formed with the US soft drink giant in 2009, the dairy firm said on Tuesday. Almarai, the Gulf's biggest dairy firm by market value, currently holds

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