PepsiCo plans to transfer its Tropicana orange juice brand into a joint venture with private equity firm PAI Partners, sources told The Wall Street Journal. The deal will also include Naked and other juice brands in North America. PepsiCo will receive $3.3 billion and 39% of the joint venture.
PepsiCo plans to transfer its Tropicana orange juice brand into a joint venture with private equity firm PAI Partners, sources told The Wall Street Journal. The deal will also include Naked and other juice brands in North America. PepsiCo will receive $3.3 billion and 39% of the joint venture. 
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