Indian classics refer to the coconut palm as kalpavriksha, which means “the all-giving tree.”[i] Coconut products, including the oil, milk, cream, and water, have been used for thousands of years for their nutritive and medicinal properties, which include anti-bacterial, anti-fungal, antiviral, antiparasitic, antioxidant, hepatoprotective, and immunostimulant properties.[ii] Coconut water is the liquid found inside a green, or immature,…
PepsiCo to Sell Tropicana, Other Juice Brands for $3.3 Billion
August 3, 2021
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PepsiCo unveiled a $3.3 billion sale of its Tropicana and other juice brands in North America to French private equity firm PAI Partners on Tuesday, as it looks to simplify its product range and move away from high-sugar drinks. The company, which bought the orange juice maker in 1998 for roughly $3.3 billion and U.S.-based…
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