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Starbucks and PepsiCo to Accelerate Growth Within Latin America’s $4 Billion Ready-to-Drink Coffee and Energy Beverage Categories

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SEATTLE & PURCHASE, N.Y.--(BUSINESS WIRE)--Starbucks (NASDAQ: SBUX) and PepsiCo, Inc. (NYSE: PEP) today announced they have entered into an agreement for the marketing, sale and distribution of Starbucks® ready-to-drink (RTD) coffee and energy beverages including Starbucks® Frappuccino® chilled coffee drinks, Starbucks Double Shot® Espresso and Cream, and Starbucks Refreshers® beverages in Latin America. The RTD coffee and energy beverage category in Latin America is an estimated US$4 billion b

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