Support The Moscow Times!
Contribute today

Wimm-Bill-Dann Deal Done

By The Moscow Times

PepsiCo said Thursday that it has completed the acquisition of 66 percent of the Wimm-Bill-Dann juice and dairy company and it expects to make an offer for the remaining shares by March 11.

The $3.8 billion deal brings PepsiCo’s stake in Wimm-Bill-Dann’s ordinary shares to about 77 percent and makes PepsiCo the largest food and beverage business in the country. PepsiCo said it will offer $132 a share for the remaining shares. 

(Reuters)


Read more

'time to move on'

Russian Climate Strike Protester Announces Parliamentary Run

Arshak Makichyan said he was motivated by what he calls a worsening human rights situation in Russia.
social support

Putin Promises Russians Billions in Spending Ahead of Polls

The ruling, pro-Kremlin United Russia party aims to overcome widespread unpopularity and keep its majority in the State Duma.
unprecedented spread

Moscow Records Pandemic High for Covid Cases Second Day Running

The new cases are being driven by the highly infectious Delta variant first identified in India and have threatened to overwhelm Moscow's hospitals.
fatal incident

4 Dead After Plane Carrying Parachutists Crashes in Siberia

Local prosecutors said that the failure of one of the plane's engines caused the crash.

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.