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                    [Title] => Korean firm Lotte acquires 34.4% stake in local Pepsi unit for P4.4 billion
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Lotte Chilsung Beverage Co. Ltd., a unit of South Korea’s Lotte Group, has acquired a 34.4 percent stake in Pepsi-Cola Products Philippines Inc. (PCPPI) for around P4.4 billion, gaining a foothold in the Philippine market.
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                    [Title] => GLOBAL NEWS: EU bans baby food with Chinese milk, recalls grow
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Lotte Group

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abtest

Founder of South Korean retail giant Lotte dies at 97

January 20, 2020 - 4:50pm

The founder of South Korea's sprawling retail conglomerate Lotte Group has died at the age of 97, company officials said Sunday....

Business

Pepsi Philippines has new chairman, CEO

February 23, 2012 - 12:00am

Pepsi-Cola Products Philippines Inc. (PCPPI) yesterday announced two new appointments to top positions in the company in a move seen to inject fresh dynamism to the management team and make it more responsive to...

Science and Environment

South Korean conglomerates pull out from food business amid criticism

January 29, 2012 - 1:00pm

Amid mounting public criticism over their aggressive business expansion, South Korea's family-owned conglomerates, or chaebol, are making a series of announcements of their withdrawal from food business involving...

Cookie snack attack

July 19, 2011 - 12:00am

Kids do like biscuits, but if they get the same kind over and over again, don’t be surprised if they get bored eating the same biscuit every time and they end up wishing for something else to satisfy their...

Health And Family

Pepsi Cola to expand local production by 7%-8%

By Zinnia B. Dela Peña | December 16, 2010 - 12:00am

Pepsi Cola Products Philippines Inc. is beefing up its facilities to further expand its production capacity by about eight percent as part of efforts to stay competitive in the multi-billion-peso beverage indus...

Business

Korean firm Lotte acquires 34.4% stake in local Pepsi unit for P4.4 billion

By Zinnia B. Dela Peña | September 17, 2010 - 12:00am

Lotte Chilsung Beverage Co. Ltd., a unit of South Korea’s Lotte Group, has acquired a 34.4 percent stake in Pepsi-Cola Products Philippines Inc. (PCPPI) for around P4.4 billion, gaining a foothold in the Philippine...

Business

GLOBAL NEWS: EU bans baby food with Chinese milk, recalls grow

September 26, 2008 - 4:38am

BEIJING (AP) - The European Union banned imports of baby food containing Chinese milk...