HomeNewsState NewsPepsiCo selling Tropicana, Naked juice brand for $3

PepsiCo selling Tropicana, Naked juice brand for $3

The symbol for Pepsico appears on a screen at the Nasdaq MarketSite in New York, in this Tuesday Oct. 1, 2019, file photo. PepsiCo will sell Tropicana and other juices to a private equity firm in exchange for pretax proceeds of $3.3 billion. PepsiCo will have a 39% non-controlling stake in a newly formed joint venture in the deal with PAI Partners . (Richard Drew/AP)

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