WBD: Wimm-Bill-Dann Foods OJSC StockTalks

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Thursday, February 3, 2011, 10:36 AM 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) Comment!
Monday, December 27, 2010, 7:15 AM Russia's competition watchdog is set to approve Pepsi's (PEP) $5.4B purchase of juice and dairy company Wimm-Bill-Dann (WBD), saying there are 'no big issues' with the deal. Comment!
Wednesday, December 8, 2010, 3:40 PM Unnamed buyers of Wimm-Bill Dann (WBD), who purchased 400K ADR's in the days prior to the announcement of PepsiCo's (PEP) acquisition, have been sued by the SEC. WBD jumped more than 30% on the release of the news, giving a $2.7M profit to the sued investors. 2 Comments [Global & FX]
Thursday, December 2, 2010, 9:00 AM Premarket gainers: WBD +30%. RNN +22%. PSS +16%. ANF +8%. WTSLA +8%. S +8%. FNSR +6%. SGMO +5%. STP +4%.
Losers: SQNM -9%. ARO -9%. SEP -4%. AEO -4%. Comment!
Thursday, December 2, 2010, 7:15 AM Pepsico (PEP) to buy Russian dairy, juice, and soft drink producer Wimm-Bill-Dann (WBD) for $5.4B, a 35% premium to Wednesday's closing price. Pepsi will initially purchase 66% of the company for $3.8B and acquire the rest of the shares at a later point. (PR) Comment! [Global & FX]

WBD Wimm-Bill-Dann Foods OJSC