Market Updates

Pepsi, Unilever To Launch New Drink

A new non-carbonated beverage will reportedly be launched by PepsiCo, Inc., Purchase, NY, through a joint venture with Unilever Plc, Rotterdam, The Netherlands. The drink, which will called Matika, will blend either green or black tea and 5% fruit juice and will re­portedly contain ginseng. The product is expected to be available in select U.S. markets in August.

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