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Pepsi, Coke competing for investment in Greek yogurt maker

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PepsiCo Inc and Coca-Cola Co are in talks to invest in Chobani LLC, in a deal that the Greek yogurt maker hopes could value it at as much US$3 billion, including debt, according to people familiar with the matter.

New York

PEPSICO Inc and Coca-Cola Co are in talks to invest in Chobani LLC, in a deal that the Greek yogurt maker hopes could value it at as much US$3 billion, including debt, according to people familiar with the matter.

The negotiations illustrate how soft drink giants are

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