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Dr Pepper Snapple, Pepsi buy alternative drinks makers

Beverage firms are diversifying into products perceived as healthier as soda sales fall

Published Wed, Nov 23, 2016 · 09:50 PM
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DR Pepper Snapple Group Inc and PepsiCo on Tuesday both announced plans to buy alternative drinks makers, the latest examples of beverage companies branching into products perceived as healthier as soda sales decline.

Dr Pepper Snapple, which makes flavoured tea, juice drinks, 7UP and Schweppes sodas, will buy an…

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