Pepsico to snap up Quaker for €15bn

PEPSICO ended a month-long takeover saga involving Quaker Oats yesterday by announcing that it will snap up the food giant in…

PEPSICO ended a month-long takeover saga involving Quaker Oats yesterday by announcing that it will snap up the food giant in a $13.4 billion (€15.11 billion) deal.

The combined company will have revenues of some $25 billion dollars, with an expected market capitalisation of more than $80 billion - placing it among the world's five largest consumer products companies.