The deal with Strauss Group will enable the CPG giant to expand its better-for-you portfolio by giving it full control over ...

PepsiCo purchased 50% of the Sabra Obela dips brand from Strauss for $244 million (NIS 900 million), making it the full owner ...

PepsiCo, Inc. (NASDAQ:PEP) disclosed a deal to acquire the remaining 50% stake in Sabra Dipping Company, LLC, and ...

Food manufacturer sells holding in joint venture after declining sales amid fierce competition and an uptick in the ...

Snack and beverage giant PepsiCo, Inc. (PEP) announced Friday its agreement to acquire the remaining 50% interest in Sabra Dipping ...

PepsiCo (PEP) announced its agreement to acquire the remaining 50% interest in Sabra and PepsiCo-Strauss Fresh Dips & Spreads ...

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 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 acquired full ownership of the Sabra Obela dips brand from its former partner Strauss Group for $244 million, according to a joint statement on Friday. PepsiCo purchased 50% of the Sabra ...

PepsiCo has focused on the fresh dips category for over 15 years, forming Sabra and Obela as 50/50 joint ventures with the Strauss Group in 2008 and 2012, respectively. Sabra has become a leading ...

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. The beverage and snack maker said Friday that ...