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These excerpts taken from the PBG 10-K filed Feb 20, 2009. Terms of the Russia Venture
Agreement. In 2007, PBG together with PepsiCo formed
PR Beverages Limited (“PR Beverages”), a venture that
enables us to strategically invest in Russia to accelerate our
growth. We contributed our business in Russia to PR Beverages,
and PepsiCo entered into bottling agreements with PR Beverages
for PepsiCo beverage products sold in Russia on the same terms
as in effect for us immediately prior to the venture. PepsiCo
also granted PR Beverages an exclusive license to manufacture
and sell the concentrate for such products.
Terms of the Russia Venture Agreement. In 2007, PBG together with PepsiCo formed PR Beverages Limited (“PR Beverages”), a venture that enables us to strategically invest in Russia to accelerate our growth. We contributed our business in Russia to PR Beverages, and PepsiCo entered into bottling agreements with PR Beverages for PepsiCo beverage products sold in Russia on the same terms as in effect for us immediately prior to the venture. PepsiCo also granted PR Beverages an exclusive license to manufacture and sell the concentrate for such products. These excerpts taken from the PBG 10-K filed Feb 27, 2008. Terms of the Russia Venture
Agreement. In 2007, PBG together with PepsiCo formed
PR Beverages Limited (“PR Beverages”), a venture that
will enable us to strategically invest in Russia to accelerate
our growth. We contributed our business in Russia to PR
Beverages, and PepsiCo entered into bottling agreements with PR
Beverages for PepsiCo beverage products sold in Russia on the
same terms as in effect for us immediately prior to the venture.
PepsiCo also granted PR Beverages an exclusive license to
manufacture and sell the concentrate for such products.
Terms of the Russia Venture Agreement. In 2007, PBG together with PepsiCo formed PR Beverages Limited (“PR Beverages”), a venture that will enable us to strategically invest in Russia to accelerate our growth. We contributed our business in Russia to PR Beverages, and PepsiCo entered into bottling agreements with PR Beverages for PepsiCo beverage products sold in Russia on the same terms as in effect for us immediately prior to the venture. PepsiCo also granted PR Beverages an exclusive license to manufacture and sell the concentrate for such products. | EXCERPTS ON THIS PAGE:
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