Saudi Almarai mulls stake increase in PepsiCo JV
Saudi Arabia's Almarai is in talks with PepsiCo Inc to increase its stake in a joint venture formed with the US soft drink giant in 2009, the Gulf dairy firm said on Tuesday.
February 28, 2012 2:49Register for our free newsletter
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Saudi Arabia's Almarai is in talks with PepsiCo Inc to increase its stake in a joint venture formed with the US soft drink giant in 2009, the Gulf dairy firm said on Tuesday.
February 28, 2012 2:49Almarai margins affected by higher raw material costs; Dairy firm says has yet to book Zain Saudi impairment
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