PepsiCo to sell Tropicana, other juices, in $3.3B deal

PepsiCo to sell Tropicana, other juices, in $3.3B deal

PepsiCo will sell Tropicana and other juices to a private equity firm in a $3.3 billion deal. The New York drink and snack company will keep a 39% non-controlling stake in a newly formed joint venture in the deal with PAI Partners. Juice sales began to decline...
Tiger Global Invests in Indian Startup at $2.5bn Value

Tiger Global Invests in Indian Startup at $2.5bn Value

Tiger Global has agreed to invest an additional $125m in Infra.Market in a deal that values the Indian technology startup at about $2.5bn, according to a person familiar with the matter. The Mumbai-based company plans to use the fresh capital for expansion in the...
Private equity stakes its claim in sustainable investing

Private equity stakes its claim in sustainable investing

While some firms such as KKR have been focused on ESG and impact investing for more than a decade, a once exotic idea has gone mainstream and more PE firms are steering limited partner capital into ESG investments, especially those with a climate focus, such as...