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PepsiCo to buy energy drink maker Rockstar for $3.85bn

PepsiCo to buy energy drink maker Rockstar for $3.85bn

PepsiCo is seeking to boost its presence in the fast-growing energy drinks category, announcing it will buy Rockstar Energy Beverages for $3.85bn. The deal reflects the trend among big beverage companies like PepsiCo and Coca-Cola to overhaul their portfolios to shift their reliance on sales of sugary, fizzy drinks and …

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