PepsiCo (PEP) continues its attempts to diversify beyond its core soft drink business and expand...

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

PepsiCo (PEP) continues its attempts to diversify beyond its core soft drink business and expand its international presence, acquiring Brazilian cookie manufacturer Mabel. The move comes on the heels of PepsiCo's September acquisition of Argentine cookie concern Dilexis.