Quaker, a subsidiary of US food and beverages giant PepsiCo, has sold its bagged cereal business to US cereal manufacturer Malt-O-Meal, in order to concentrate on its larger, more profitable boxed cereal brands. PepsiCo subsequently reaffirmed that it expects to achieve its previously stated targets of 13-14% earnings per share growth for the fourth quarter and full year 2002.
USA: PepsiCo sells Quaker unit to Malt-O-Meal
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
Dean's offer to you
Risk-free, money-back guarantee
Most Popular
Insights
- How could Whole Foods takeover affect suppliers?
- Minor role for direct-to-consumer in US e-commerce
- Why Big Data Collaboration could be the new ECR
- How Nestle's US candy review has divided analysts
- Amazon's move for Whole Foods will focus minds
News
- Nestle feels heat from activist investor
- UK proposes end to free movement in Queen's Speech
- Nestle to work with Rabobank's Terra accelerator
- Brexit - UK makes offer on EU citizens
- GlaxoSmithKline 'lining up MaxiNutrition for sale'
Market research
