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PepsiCo acquires Bare Foods for $200M

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A global snack brand started by an Indian, Bare Foods has been acquired by American multinational food, snack, and beverage corporation, PepsiCo. PesiCo has entered into a definitive agreement to acquire the US snack company that is primarily into baked fruits and vegetable snacks. The transaction will expand the company’s snacking portfolio and further deliver on its vision to offer consumers more positive nutrition options.

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