December 2/Moscow/RIA Novosti -- PepsiCo has signed a deal to buy Wimm-Bill-Dann, one of Russia's leading dairy producers, for $5.8 billion, Wimm-Bill-Dann's co-owner and board member David Yakobashvili said.
"We have signed an agreement, which binds us to sell shares for $132 per share, or $5.8 billion total, if PepsiCo gets approval from relevant bodies," Yakobashvili told RIA Novosti news agency.