PepsiCo has sold its bottling operations in China to Tingyi (Cayman Islands) Holding Corp in exchange for a stake in the noodle and soft drinks maker’s business.
CHINA: PepsiCo sells bottling operations to Tingyi Holding Corp
PepsiCo has sold its bottling operations in China to Tingyi (Cayman Islands) Holding Corp in exchange for a stake in the noodle and soft drinks maker's business.