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Tag Archives: acquire

PepsiCo in bid to acquire Vita Coco owner: sources

REUTERS: Soft drink maker PepsiCo Inc is in talks to acquire All Market Inc, the owner of coconut water brand Vita Coco, whose celebrity investors include Madonna and Matthew McConaughey, people familiar with the matter said on Friday. The acquisition would help PepsiCo diversify its offerings as it grapples with stagnant sales, amid a shift of many consumer tastes’ away ...

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Chinese carmaker Geely to acquire Malaysia’s Proton

  BEIJING: Chinese automaker Geely has agreed to buy struggling Malaysian manufacturer Proton from DRB-Hicom, according to a statement issued on Wednesday (May 24). Zhejiang Geely Holding Group, which controls Hong Kong-based Geely Automobile and Sweden’s Volvo Car Group, will acquire 49.9 per cent of Proton, the sources said. Proton also controls British sports car maker Lotus. Proton, founded in ...

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