PepsiCo (PEP -0.8%) completes its $3.8B acquisition of a two-thirds stake in Russia's...

|About: PepsiCo Inc. (PEP)|By:, SA News Editor

PepsiCo (PEP -0.8%) completes its $3.8B acquisition of a two-thirds stake in Russia's Wimm-Bill-Dann Foods (WBD -0.6%) and says it will pay an identical $132/share for the remaining third. The transaction makes PepsiCo the largest food and beverage company in Russia. (PR)