After announcing that it was again discussing the acquisition of its compatriot, QUAKER OATS (annual turnover $4.7 billion), US soda and snack producer PEPSICO (annual turnover $20.3 billion) finally announced an agreement had been concluded. The transaction amounts to $13.4 billion. According to the terms of the agreement, PEPSICO will propose 2.3 of its own shares for every QUAKER share. The operation will give rise to the world's largest company in this sector with stock exchange...