Instacart gets PepsiCo investment pledge for planned public share offer
PepsiCo has agreed to purchase $175m of the Series A convertible shares via a private placement.
29 August 2023
29 August 2023
PepsiCo has agreed to purchase $175m of the Series A convertible shares via a private placement.
Consumers are still shifting to private label and discounters as inflation continues to bite, Arla says.
CFO Donal Buggy will assume interim chief executive responsibilities.
Moma Foods’ Peter Joubert talks the oat-based brand’s plans in the UK plant-milk category and how it’s faring against larger rivals.
The Bega Cheese owner said the acquisition is “consistent with our strategy to build our portfolio of branded products".
A new, permanent chief executive takes the helm after founder Kristy Carr was ousted in May.
Shares in Hostess leapt more than 25% after a report the Twinkies maker had hired advisers to weigh up interest from potential suitors.
Previously, the Ukrainian product line was marketed under the Prostokvashino brand, which stems from Soviet-era cartoon series.
Capture inbound enquiries from sector-specific, high-intent buyers who are actively seeking your products and services through Buyer’s Guides. Our enriched leads enable you to connect with new customers, generate leads, and enhance brand visibility. For more information, download the Buyer’s Guide below.
The consumer goods, foodservice, and packaging sectors are undergoing digital transformation, accelerated by the COVID-19 pandemic and changing consumer preferences. Data science and ML are strong investments across all areas. For the most part, these sectors will not play a significant role in creating and developing AI hardware or platforms, but will instead help scale up the adoption of AI technologies, such as CV, conversational platforms, and smart robots.
Give your business an edge with our leading industry insights.