Cryptocurrency Q&A Does LOTTE own Pepsi?

Does LOTTE own Pepsi?

Daniela Daniela Fri Jun 07 2024 | 5 answers 936
Could you please clarify for me if the conglomerate LOTTE has any ownership stake in the beverage giant Pepsi? I'm trying to understand the corporate relationships within the industry, and this is a question that has piqued my curiosity. Does LOTTE hold any significant shares in Pepsi, or are they simply competitors in the market? Your insights would be greatly appreciated. Does LOTTE own Pepsi?

5 answers

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Martina Martina Sun Jun 09 2024
Lotte Chilsung's decision to raise its stake to 73.6% and acquire Pepsi Philippines in 2023 marked a significant milestone in the realm of business expansions and strategic alliances.

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Carlo Carlo Sun Jun 09 2024
The acquisition underscores the growing importance of the Asian market, particularly the Philippines, in the global beverage industry. Lotte Chilsung's move is expected to further strengthen its presence in the region and expand its market reach.

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