Workers from at least five PepsiCo bottling factories in China protesting against takeover deal with Tingyi Holding

Nevin Barich

Nevin Barich

Nov 16, 2011 – Industry Intelligence

LOS ANGELES , November 16, 2011 () – Workers from at least five PepsiCo Inc. bottling factories in China are protesting against a takeover deal with Tingyi Holding, BBC News reported Nov. 15.

Tingyi struck a deal with Pepsi on Nov. 4 to buy out PepsiCo China's bottling division. Various media reports in the country suggest that the deal has aroused widespread discontent, and workers from five factories in Chongqing, Chengdu, Fuzhou, Lanzhou and Nanchang have decided to walk out.

The workers’ contracts would be honored, a PepsiCo spokeswoman said.

The primary source of this article is BBC News, London, England, on Nov. 15, 2011.

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.


About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025 795

+1 (310) 558 0008
+1 (310) 558 0080 (FAX)

About Cookies On This Site

We collect data, including through use of cookies and similar technology ("cookies") that enchance the online experience. By clicking "I agree", you agree to our cookies, agree to bound by our Terms of Use, and acknowledge our Privacy Policy. For more information on our data practices and how to exercise your privacy rights, please see our Privacy Policy.