PepsiCo dumps juice brands including Tropicana in $3.3 billion deal

The soda and snack giant said Tuesday it will get $3.3 billion for selling a 39 percent stake in its juice business, which includes the Naked brand as well, to a French private equity firm, PAI Partners, which owns ice cream brands and other food businesses.

Pepsico Dumps Juice Brands Including Tropicana In $3.3 Billion Deal

The New York Post – by Lisa Fickenscher

PepsiCo said it is selling its 70-year-old juice business, including its most famous brand, Tropicana.

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