for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

PepsiCo to consider entering alcoholic beverages business

FILE PHOTO: Bottles of Pepsi are pictured at a grocery store in Pasadena, California, U.S., July 11, 2017. REUTERS/Mario Anzuoni/File Photo

(Reuters) - PepsiCo Inc PEP.O will consider introducing alcoholic beverages, the company said on Thursday, days after rival Coca-Cola Co KO.N decided to launch an alcoholic sparkling water in the United States next year.

“We will make decisions in the coming quarters - whether this is an area where PepsiCo wants to play,” Chief Executive Officer Ramon Laguarta said on an analyst call when asked about following Coca-Cola.

Molson Coors Beverage Co TAP.N said on Tuesday it partnered with Coca-Cola Co KO.N to make and sell an alcoholic version of the beverage company's Topo Chico sparkling water.

Reporting by Uday Sampath in Bengaluru; Editing by Arun Koyyur

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up