Houghton Mifflin to buy Reed Elsevier units

Article Abstract:

Houghton Mifflin Co. has bought the Harcourt Education unit of Anglo-Dutch publisher Reed Elsevier PLC in a deal valued at $4 bil. The purchase involves $300 mil in shares and $3.7 bil in cash, and dramatically boosts Houghton Mifflin's position in the educational publishing market.

Book publishing, Book Publishers, Parent-to-subsidiary activities, Subsidiary-to-parent activities, United Kingdom, Houghton Mifflin Co., HTN, Reed Elsevier PLC, Subsidiaries, divisions and units, Harcourt Education Ltd. Heinemann Div.

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Pepsi bests Coke in bidding for Ukraine juice maker

Article Abstract:

PepsiCo Inc. and PepsiAmericas Inc. have agreed to buy an 80% stake in Ukrainian juice company Sandora LLC for $542 mil plus assumed debt, beating out rival Coca-Cola Co. PepsiCo will focus on brand development while PepsiAmericas will manage business operations.

Bottled and canned soft drinks, Ukraine, Canned fruits and vegetables, Soft drink industry, Puerto Rico, PepsiCo Inc., PEP, Juice industry, PepsiAmericas Inc.

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