Pepsi to buy energy drink maker Rockstar for $3.85 billion
(Reuters) - PepsiCo Inc (PEP.O) said on Wednesday it would buy Rockstar Energy Beverages for $3.85 billion, in the soda giant’s biggest push into the energy drinks market, where larger rival Coca-Cola Co (KO.N) has been rapidly expanding. PepsiCo has a smaller presence in the energy space with its Mountain Dew Kickstart and Mountain Dew Game Fuel brands. The company ...
Read more