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The transaction gives Pepsi control of Quaker's much-coveted Gatorade sports drink brand.
Pernod Ricard tried to sell its Orangina soft drink brand to Coca-Cola in 1997 to concentrate on spirits.
Pernod Ricard also owns Yoo-Hoo, a chocolate drink brand that it plans to sell as well.
The transaction, which gives Pepsi control of Quaker's much-coveted Gatorade sports drink brand, is expected to be announced today.
Even better was Channel Nine's Schweppes Classic catches, a pop-cultural phenomenon from which the soft drink brand still wears a halo.
During this run, candidates will be asked to design wearable technology, run coach tours, create an online video channel and launch a soft drink brand.
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Among the most successful pitches are food and drink brands.
It has been steadily transforming itself into a company focused on premium drink brands.
PepsiCo will also sell merchandise featuring logos of its drink brands on the Yahoo site.
Glaxo to Sell Drink Brands for $2.1 Billion | The British pharmaceutical giant has agreed to sell two soft drink brands, Lucozade and Ribena, to Suntory Beverage and Food of Japan for £1.35 billion, or $2.1 billion.
In my years of affiliation with Pepsi, I never consumed any of the soft drink brands of the competition.
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