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This excerpt taken from the PBG 8-K filed Sep 16, 2009. Acquisitions
and Investments
We completed a joint acquisition with PepsiCo of Russia’s
leading branded juice company JSC Lebedyansky
(“Lebedyansky”) for approximately $1.8 billion.
Lebedyansky was acquired 58.3 percent by PepsiCo and
41.7 percent by PR Beverages, our Russian venture with
PepsiCo. We have recorded an equity investment for PR
Beverages’ share in Lebedyansky. In addition, we have
recorded a noncontrolling interest contribution for
PepsiCo’s proportional contribution to PR Beverages
relating to Lebedyansky.
During 2008, we acquired Pepsi-Cola Batavia Bottling Corp and
Lane Affiliated Companies, Inc. (“Lane”), Pepsi-Cola
franchise bottlers which serve certain New York counties and
portions of Colorado, Arizona and New Mexico. In addition we
acquired Sobol-Aqua JSC (“Sobol”), a company that
manufactures Sobol brands and co-packs various Pepsi products in
Siberia and Eastern Russia. The total cost of acquisitions
during 2008 was approximately $279 million.
These excerpts taken from the PBG 10-K filed Feb 20, 2009. Acquisitions
and Investments
We completed a joint acquisition with PepsiCo of Russia’s
leading branded juice company JSC Lebedyansky
(“Lebedyansky”) for approximately $1.8 billion.
Lebedyansky was acquired 58.3 percent by PepsiCo and
41.7 percent by PR Beverages, our Russian venture with
PepsiCo. We have recorded an equity investment for PR
Beverages’ share in Lebedyansky. In addition, we have
recorded minority interest for PepsiCo’s proportional
contribution to PR Beverages relating to Lebedyansky.
During 2008, we acquired Pepsi-Cola Batavia Bottling Corp and
Lane Affiliated Companies, Inc. (“Lane”), Pepsi-Cola
franchise bottlers which serve certain New York counties and
portions of Colorado, Arizona and New Mexico. In addition we
acquired Sobol-Aqua JSC (“Sobol”), a company that
manufactures Sobol brands and co-packs various Pepsi products in
Siberia and Eastern Russia. The total cost of acquisitions
during 2008 was approximately $279 million.
Acquisitions and Investments We completed a joint acquisition with PepsiCo of Russia’s leading branded juice company JSC Lebedyansky (“Lebedyansky”) for approximately $1.8 billion. Lebedyansky was acquired 58.3 percent by PepsiCo and 41.7 percent by PR Beverages, our Russian venture with PepsiCo. We have recorded an equity investment for PR Beverages’ share in Lebedyansky. In addition, we have recorded minority interest for PepsiCo’s proportional contribution to PR Beverages relating to Lebedyansky. During 2008, we acquired Pepsi-Cola Batavia Bottling Corp and Lane Affiliated Companies, Inc. (“Lane”), Pepsi-Cola franchise bottlers which serve certain New York counties and portions of Colorado, Arizona and New Mexico. In addition we acquired Sobol-Aqua JSC (“Sobol”), a company that manufactures Sobol brands and co-packs various Pepsi products in Siberia and Eastern Russia. The total cost of acquisitions during 2008 was approximately $279 million. | EXCERPTS ON THIS PAGE:
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