Around the Net
Pepsi, Coke Talk Chobani Investment Deal
- Reuters, Wednesday, October 14, 2015 8 AM
The negotiations illustrate how soft drink giants are making a push to diversify beyond the slow-growth carbonated beverage sector into the U.S. consumer market's faster-growing healthy lifestyle segment. Chobani is exploring selling a minority stake, including warrants owned by private equity firm TPG Capital LP that account for between 10 and 20% of the yogurt maker's equity depending on its financial performance, the people said.
