PepsiCo Inc
PEP: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $#$ | LOCK|k!! | LOCK|c#vFY^$ |
PepsiCo: Prudent Deal to Sharpen Soda Focus and Maintain Energy Drink Exposure
PepsiCo on Aug. 29 agreed to sell Rockstar Energy in the US and Canada to Celsius, in return for $585 million in preferred convertible shares from Celsius that raised its stake in the latter to 11.0% from 8.5%. It will also add Celsius' Alani Nu brand to its distribution in North America.
