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Market
Will PepsiCo announce a new product line from the Siete Foods acquisition by June 30, 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official press release from PepsiCo, product announcements on PepsiCo's website
Story
$PEP: PepsiCo in Advanced Talks to Acquire Siete Foods for Over $1 Billion
Sep 30, 2024, 08:48 PM
PepsiCo ($PEP) is reportedly in advanced talks to acquire Siete Foods, a popular tortilla-chip maker known for its gluten-free and grain-free products, for over $1 billion. The potential acquisition, as reported by the Wall Street Journal, would expand PepsiCo's portfolio into healthier snack alternatives. Siete Foods, a family-run business, focuses on tortillas, chips, and other healthier alternatives, aligning with PepsiCo's strategy to diversify its product offerings.
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Similar markets
Yes • 50%
No • 50%
New confectionery products • 25%
New snack products • 25%
New beverage products • 25%
No new products • 25%
New candy product • 25%
New snack product • 25%
New beverage product • 25%
No new product • 25%
Coca-Cola • 25%
PepsiCo • 25%
Dr Pepper Snapple Group • 25%
Other • 25%
Yes • 50%
No • 50%
No action taken • 25%
Fines imposed • 25%
Production halted • 25%
Other • 25%