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PepsiCo, Inc. (NASDAQ: PEP) ("PepsiCo") today announced that it has closed the acquisition of Garza Food Ventures LLC, dba Siete Foods ("Siete"), for $1.2 billion. PepsiCo, Inc. (NASDAQ ...

For example, it agreed to buy Siete Foods in 2024. The deal to acquire this Mexican American food company has since closed and gives PepsiCo new products in the snack and food categories to sell.