Pepsico (PEP) news

PepsiCo to drop coverage of weight-loss drugs for employees

PepsiCo has announced it will no longer cover weight-loss drugs for its employees, a decision reflecting broader industry considerations around the impact of GLP-1 medications on consumer behavior and healthcare costs. The move comes as the company continues to evaluate how the growing use of these…

Varun Beverages to incorporate a joint venture co in Tunisia

Varun Beverages, the Indian beverage giant led by billionaire Ravi Jaipuria, is reportedly planning to incorporate a joint venture company in Tunisia, signaling further expansion into North Africa. This move aligns with the company’s broader strategy to strengthen its presence across the continent,…

Carlsberg CEO: I would be disappointed if we do not add further Pepsi franchises in future years

The Carlsberg Group has continued to expand its strategic bottling partnership with PepsiCo, most recently securing the soft drinks franchise in Azerbaijan, effective 1 January 2027. This agreement follows expansions in Kazakhstan and Kyrgyzstan (2026) and the Nordic and Baltic markets (2029).…

CEVA Logistics wins PepsiCo Turkey cooler management pact

Rockstar Energy founder Russ Savage now controls 12 million shares of Celsius Holdings, amounting to roughly 4.7% of company - CNBC

Russ Savage, founder of Rockstar Energy, now holds 12 million shares of Celsius Holdings, representing approximately 4.7% of the company, according to recent disclosures. This stake positions Savage as a significant shareholder in Celsius Holdings, which recently expanded its energy drink portfolio…