TOKYO -- Suntory Beverage & Food and U.S.-based PepsiCo have decided to set up a soft drink joint venture in Thailand, the companies announced on Thursday.
Suntory Beverage & Food will invest 33 billion yen ($289 million) in the venture.
Business
Suntory Beverage & Food and PepsiCo to team up in Thailand
Japanese company expected to pour $289m into the venture
