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Under the agreement, CABCORP will control a majority 82% ownership interest, with PepsiAmericas controlling the remaining 18%.
The transaction is expected to close in the third quarter of 2009.
Deal Type Partnership Sub-Category Joint Venture Deal Status Announced: 2009-05-18
Deal Participants
Partner 1 (Company) PepsiAmericas, Inc. Partner 2 (Company) Central America Beverage Corporation
Deal Rationale
The joint venture provides a strong platform for growth and geographic expansion for both the companies.
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