PepsiCo has signed a $5.8 billion deal to buy Wimm-Bill-Dann, one of Russia's leading dairy products producers, Wimm-Bill-Dann's co-owner and board member David Yakobashvili said on Thursday.
"We have signed an agreement, which binds us to sell shares for $132 per share, or $5.8 billion total, if PepsiCo gets approval from relevant bodies," Yakobashvili told RIA Novosti news agency.
MOSCOW, December 2 (RIA Novosti)