Pepsi backs 2010 outlook, closes bottler purchases
PepsiCo
backed its outlook for 2010 and said it saw earnings per share rising at a low double-digit rate on an constant currency basis in 2011 and 2012.
The soft-drink maker, which also closed its purchase of Pepsi Bottling Group and PepsiAmericas Inc, said it expected earnings per share to grow 11 percent to 13 percent on a constant currency basis in 2010.
Last week, Pepsi archrival Coca-Cola Co
(Reporting by Dhanya Skariachan; Editing by Lisa Von Ahn)
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