PepsiCo’s $7.8 billion acquisitions of its two largest bottlers — The Pepsi Bottling Group and PepsiAmericas — creates a faster, more efficient food and beverage system, said Indra Nooyi, company chairman and chief executive officer. “By merging with our two largest bottlers, we gained important strategic advantages — for both our beverage and food businesses — that will benefit consumers, our retail customers and our shareholders,” Nooyi told ...

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