TYO:2587

2 stories mentioning TYO:2587Updated 17d ago

Every FINWIRES story that references TYO:2587, newest first.

Suntory PepsiCo Opens Sixth Vietnam Plant

Suntory PepsiCo Vietnam (SPVB) opened its sixth manufacturing facility in Vietnam, a $300 million plant in Tay Ninh province near Ho Chi Minh City, the company said in a LinkedIn post.The facility incorporates integrated automation, digital manufacturing systems and SPVB's first fully automated warehouse in Vietnam and the region.The plant has an annual production capacity of 1.24 billion liters and will manufacture seven beverage brands, including Pepsi, Aquafina and 7Up, according to a Monday Nikkei Asia report.SPVB is a joint venture between Suntory Beverage & Food (TYO:2587) and PepsiCo.Shares of Suntory Beverage rose nearly 1% in recent trade.

TYO:2587

Asia106d ago

Market Chatter: Suntory Eyes Daiichi Sankyo Healthcare in 200 Billion Yen Deal

Suntory Beverage & Food (TYO:2587) is set to acquire Daiichi Sankyo's (TYO:4568) over-the-counter drug unit for about 200 billion yen as the beverage maker expands its health-related business, Nikkei reported WednesdayThe deal would see Daiichi Sankyo divest its healthcare arm, which produces products such as painkiller Loxonin, stomach medicine Gaster 10 and cold remedy Lulu, according to the report.Suntory is seeking to diversify beyond alcoholic beverages as consumption trends shift, while Daiichi Sankyo is expected to focus resources on prescription drugs amid rising research and development costs, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

TYO:2587TYO:4568

Track with the FINWIRES app suite

FolioX

Track TYO:2587 in your portfolio

WheelAI

Analyze TYO:2587 options with the wheel strategy

StockInsider

See market sentiment on TYO:2587