PepsiCo to buy Chobani Yogurts? Hearing deal is nearly done. Any one else heard this?
7 replies (most recent on top)
Chobani will be redundant as we already own the yogurt space with Müller Quaker Dairy !!
Guys. PepsiCo has money. Do not them fool you when it comes to investing in support, manpower, or your compensation. Every review is going to start with how bad business is. Do not buy into the narrative and give leadership a pass. They have money for raises and fair compensation but do not care enough to support you.
Can't grow volume or revenue organically, so buy another company that doesn't fit our core portfolio (Sabra, Siete, etc). A classic failed management tactic - stock is tanking and you're hemorrhaging money with failed transformation initiatives -so, you buy another company to write-off acquisition charges. Other than Gatorade, is there any acquisition that PepsiCo has made in the last three decades that actually benefited the stockholders (Muscle Milk, Quaker, Tropicana, Na--d Juice, Kevita, Pioneer Foods, Izze, etc.)
The current CCO was a VP at Frito Lay .
They will buy a perfectly good company and then the Indians step in sc--w it to broke .
I.love Chobani but it would be terrible news if that happened.
Wouldn’t be surprised tbh… They tried buying them in 2016 and since then lots of PepsiCo talent has began working there.
Bro, I thought we were broke. They can’t even afford to give anyone a proper raise.