PepsiCo takes full control of Sabra Obela

Strauss divests stake in Sabra US hummus venture to PepsiCo for $244 million
Food manufacturer sells holding in joint venture after declining sales amid fierce competition and an uptick in the anti-Israel boycott campaign in the US The post Strauss divests stake in Sabra US hummus venture to PepsiCo for $244 million appeared first on The Times of Israel.
PepsiCo takes full control of Sabra Obela from Strauss Group for $244 million
PepsiCo purchased 50% of the Sabra Obela dips brand from Strauss for $244 million (NIS 900 million), making it the full owner.
PepsiCo Strengthens Hold On US Hummus Market with Sabra & Obela Buyout
PepsiCo, Inc. (NASDAQ:PEP) disclosed a deal to acquire the remaining 50% stake in Sabra Dipping Company, LLC, and PepsiCo-Strauss Fresh Dips & Spreads International GmbH for an undisclosed amount. This acquisition will make PepsiCo the sole owner of the companies behind Sabra and Obela products.
PepsiCo to acquire remaining 50% interest of Sabra and Obela, terms undisclosed
PepsiCo (PEP) announced its agreement to acquire the remaining 50% interest in Sabra and PepsiCo-Strauss Fresh Dips & Spreads
Strauss sells 50% Sabra dips stake to PepsiCo
Strauss Group (TASE: STRS) has announced that it is selling its 50% stake in Sabra Dipping Co., and PepsiCo-Strauss Fresh Dips & Spreads International GmbH (Obela) for $243.8 million.
PepsiCo Takes Full Ownership of Sabra, Obela Brands
PepsiCo has agreed to take full ownership of the Sabra and Obela dip and spread brands from Israeli foodmaker Strauss Group for an undisclosed amount.
PepsiCo To Buy Out Sabra Dipping And Obela JVs From Strauss Group; Terms Not Disclosed
Snack and beverage giant PepsiCo, Inc. (PEP) announced Friday its agreement to acquire the remaining 50% interest in Sabra Dipping
PepsiCo to acquire full ownership of Sabra and Obela JVs
PepsiCo is to buy out Israel's Strauss Group from their Sabra and Obela dips ventures. The US giant did not disclose how much it had agreed to pay for the 50% stakes in US-based Sabra Dipping Company and Switzerland-based PepsiCo-Strauss Fresh Dips & Spreads International,
PepsiCo to acquire full ownership of Sabra, Obela brands for $244M
The deal with Strauss Group will enable the CPG giant to expand its better-for-you portfolio by giving it full control over ...
Brokerages Set Sabra Health Care REIT, Inc. (NASDAQ:SBRA) Target Price at $18.71
Shares of Sabra Health Care REIT, Inc. (NASDAQ:SBRA – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the firm ...
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PEPSICO TO ACQUIRE FULL OWNERSHIP OF SABRA AND OBELA
PURCHASE, N.Y., Nov. 22, 2024 /PRNewswire/ -- PepsiCo, Inc. (NASDAQ: PEP) today announced its agreement to acquire the remaining 50% interest in Sabra Dipping Company, LLC (Sabra) and PepsiCo ...