LONDON: PepsiCo Inc is to sell Tropicana, Naked and other juice brands to French private equity firm PAI Partners for US$ 3. 3bil( RM13. 9bil) as it seeks to bolster its balance sheet and focus on healthier snacks and zero-calorie drinks. The US drinks giant will retain a 39% non-controlling interest in a new holding company for the brands and has also granted PAI an irrevocable option to buy certain juice businesses in Europe, according to a statement. PepsiCo said it plans to use the proceeds

But he said the U.S. rejects the boycott movement against Israel, saying it “ unfairly singles out ” the country. Advertisement In Monday’s announcement, Ben Jerry’s said it would stop selling ice cream in the occupied West Bank and contested East Jerusalem.... It says that the West Bank is disputed territory and that its final status should be resolved in negotiations.... The international community, however, widely considers both areas to be occupied territory.In its statement, Ben Jerry’s s