a2 Milk has entered a distribution partnership to offer its products in Walmart stores in New York, Pennsylvania, Florida, Texas, Maryland and Washington DC.

Founded in 2000, a2 Milk is a nutrition company based in Australia, while Walmart is a supermarket retailer based in the US.

The transaction enables a2 Milk to expand its footprint in the US, as part of a major expansion into the Northeastern US area.

a2 Milk’s products are also available at more than 6,000 retail outlets in the US.

International Company for Agricultural Industries Projects (Beyti) has been granted a $44m loan by the European Bank for Reconstruction and Development (EBRD).

“Coca-Cola FEMSA intends to sell its 51% stake in Coca-Cola FEMSA Philippines (CCFPI) to The Coca-Cola Company (TCCC).”

Based in Egypt, Beyti is a dairy and juice products maker that operates an automated facility on the Cairo-Alexandria Desert Road, Egypt.

The dairy company intends to use the loan to increase raw milk production and fruit concentrate at local dairy farms and juice concentrate producers. It will also be used to refinance existing short-term loans with a long-term loan.

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The funding will also enable the firm to expand its production and logistics through the addition of more distribution centres.

PepsiCo has agreed to acquire SodaStream for $3.2bn, representing a price of $144 a share.

PepsiCo is a food, snack and beverage company based in the US, while SodaStream is a carbonated water machines producer based in Israel.

PepsiCo will combine its distribution capabilities, global reach, research and development (R&D) capacity, and design and marketing expertise with SodaStream’s product range.

Goldman Sachs and Centerview are the financial advisors to PepsiCo, while Perella Weinberg Partners is the financial advisor to SodaStream for the transaction.

Coca-Cola FEMSA intends to sell its 51% stake in Coca-Cola FEMSA Philippines (CCFPI) to The Coca-Cola Company (TCCC).

The stake sale includes all of Coca-Cola FEMSA shares in CCFPI. The price will be fixed based on an agreed formula, which will not exceed the aggregate enterprise value of the original acquisition.