Pepsi to buy energy drink maker Rockstar for $3.85 billion
Pepsi, which already distributes Rockstar drinks, has a smaller presence in the energy space with its Mountain Dew Kickstart and Mountain Dew Game Fuel brands
PepsiCo Inc said on Wednesday it would buy Rockstar Energy Beverages for $3.85 billion (3 billion pounds), in the soda giant's biggest push into the energy drinks market, where rival Coca-Cola Co has been rapidly expanding.
Pepsi, which already distributes Rockstar drinks, has a smaller presence in the energy space with its Mountain Dew Kickstart and Mountain Dew Game Fuel brands.
The deal was first reported by the Wall Street Journal.
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