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PepsiCo is in advanced talks to acquire tortilla-chip maker Siete Foods for more than $1 billion, according to people familiar with the matter. Siete is known for its Mexican-inspired products ...

PepsiCo to buy tortilla-chip maker Siete Foods for USD 1.2 billion. The Texas-based company, founded in 2014 by Veronica Garza, is owned and run by seven members of the Garza family.

PepsiCo PEP0.22%increase; green up pointing triangle agreed to acquire tortilla-chip maker Siete Foods for $1.2 billion in its latest move to bolster its offering of healthier snacks. The Wall ...

The company, backed by actor Eva Longoria, is known for grain-free tortilla chips and taco shells. It also makes products such as enchilada sauce and Mexican wedding cookies. Siete's products are ...

Siete Foods makes grain-free, high-quality tortilla chips, soft tortillas, and sauces. The purchase comes as PepsiCo focuses on offering snacks with lower sodium, saturated fat, and sugar.

PepsiCo is reportedly nearing a deal to acquire US-based tortilla-chip manufacturer Siete Foods for more than $1bn. A deal for the Texas-based Siete Foods could be announced soon unless the talks ...