| Tingyi Subsidiary, Tingyi-Asahi Beverages, to become PepsiCo's franchise bottler in China PepsiCo's move to franchise system consistent with its business model in many other international markets Alliance expected to create long-term value for Tingyi and PepsiCo shareholders through greater operating efficiencies and future growth Creates expanded platform to capitalize on growing China beverage market Tingyi to bolster product offerings with addition of PepsiCo's world-class brands PepsiCo to extend the ...continued PEP TCYQY quaker pepsi oats |
Friday, November 4, 2011
Tingyi Holding and PepsiCo Enter into Agreement to Form Strategic Alliance in China
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