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HUL Acquires Premium Beauty Brand Minimalist

SHERIDAN, WYOMING – February 6, 2025 – SHERIDAN, WYOMING – Feb. 6, 2025 – Hindustan Unilever Limited (HUL) has announced a definitive agreement to acquire Minimalist, a premium actives-led beauty brand. This acquisition reinforces HUL's commitment to evolving its Beauty & Wellbeing portfolio to meet growing demands in the premium segment.

Minimalist: A Rising Star in the Beauty Industry

Founded in 2020 by Mohit Yadav and Rahul Yadav, Minimalist has quickly become a leading digital-first brand, focusing on science-backed, efficacious skincare and haircare solutions. The brand's mission, #HideNothing, reflects its dedication to transparency and effective products. Minimalist has experienced rapid growth, achieving an Annual Revenue Runrate (ARR) of INR 500 cr. in just four years.

Acquisition Details and Future Plans

Unilever Scores Big with UEFA Women's EURO 2025 Sponsorship

SHERIDAN, WYOMING – February 6, 2025 – SHERIDAN, WYOMING – Feb. 6, 2025 – Unilever and The Union of European Football Associations (UEFA) have announced a major partnership, naming several of Unilever’s leading Foods and Personal Care brands as Official Sponsors of UEFA Women’s EURO 2025. This exciting collaboration builds on Unilever’s successful activation during UEFA EURO 2024, which spanned 16 brands, 24 markets, and over 126,000 stores. The upcoming tournament is projected to be the most-watched and attended UEFA Women’s EURO in history.

A Winning Combination: Unilever’s Power Brands Join the Lineup

Mars Appoints Alastair Child as Chief Sustainability Officer

SHERIDAN, WYOMING – February 6, 2025 – SHERIDAN, WYOMING – Feb. 6, 2025 – Mars, Incorporated, the global food and pet care company behind beloved brands like Pedigree, M&M’s, Ben’s Original, and a leading provider of veterinary services, has announced the appointment of Alastair Child as its new Chief Sustainability Officer. Child, formerly Vice President of Global Sustainability for Mars Snacking, will assume his new role on February 3, 2025.

Leadership in Sustainability

Mars, Incorporated Supports California Wildfire Relief Efforts

SHERIDAN, WYOMING – February 6, 2025 – SHERIDAN, WYOMING – Feb. 6, 2025 – The recent wildfires in Southern California have deeply impacted communities, homes, and the lives of countless individuals and their pets. Mars, Incorporated, a family-owned business, has taken swift action to provide support and resources to those affected by this devastating event.

A Commitment to Community and Well-being

NOLA Food Deserves PEPSI: Super Bowl LIX Immersive Experiences Reinforce Perfect Pairing with New Orleans’ Iconic Eats

SHERIDAN, WYOMING – February 6, 2025 – SHERIDAN, WYOMING – Feb. 6, 2025 – As New Orleans prepares for Super Bowl LIX, PEPSI® is celebrating the city's renowned culinary scene. Pepsi is offering fans immersive experiences throughout the weekend, demonstrating how Pepsi complements the flavors of New Orleans' most beloved dishes. In New Orleans, Food Deserves Pepsi™.

Pepsi NOLA Eats Fest: A Culinary Celebration

Pepsi has partnered with food enthusiast Action Bronson to showcase New Orleans' best-kept culinary secrets, recommended by local experts like restaurateur Larry Morrow, Willie Mae's Scotch House, and We Dat's. The Pepsi NOLA Eats Fest and the Pepsi Super Bowl Boil seafood competition will feature over 20 dishes from ten New Orleans restaurants, paired with classic Pepsi products and exclusive crafted beverages, all conveniently located on the riverfront.

PepsiCo Completes Acquisition of Siete Foods for $1.2 Billion

SHERIDAN, WYOMING – February 6, 2025 – SHERIDAN, WYOMING – Feb. 6, 2025 – PepsiCo, Inc. (NASDAQ: PEP) ("PepsiCo") announced today the successful completion of its acquisition of Garza Food Ventures LLC, doing business as Siete Foods ("Siete"), for a substantial sum of $1.2 billion. This strategic move significantly broadens PepsiCo's already diverse food portfolio, providing consumers with an even wider array of positive choices characterized by simple and wholesome ingredients.

Expanding Positive Choices for Consumers

PepsiCo Announces Increased Quarterly Dividend

SHERIDAN, WYOMING – February 6, 2025 – SHERIDAN, WYOMING – Feb. 6, 2025 – The Board of Directors of PepsiCo, Inc. (NASDAQ: PEP) has declared a quarterly dividend increase, marking the company's continued commitment to returning value to its shareholders. This announcement follows a series of dividend increases, demonstrating PepsiCo's financial strength and dedication to its investors.

Dividend Increase Details

The board declared a quarterly dividend of $1.355 per share of PepsiCo common stock, a 7 percent increase compared to the same period last year. This dividend is payable on March 31, 2025, to shareholders of record at the close of business on March 7, 2025. This action aligns with PepsiCo's previously announced increase in its annualized dividend to $5.42 per share from $5.06 per share, which began with the June 2024 payment.

Further Dividend Growth

Cadillac Accelerates into Formula 1 with New Power Unit Division

SHERIDAN, WYOMING – February 6, 2025 – SHERIDAN, WYOMING – Feb. 6, 2025 – TWG Motorsports, the force behind Andretti Global, Wayne Taylor Racing, Spire Motorsports, and the Cadillac Formula 1 team, has announced a major step towards becoming a full-fledged constructor in the world’s premier racing series. The company has unveiled GM Performance Power Units LLC, a new entity dedicated to developing and building powertrains for the Cadillac F1 car. This move signals Cadillac’s ambition to compete at the highest level, building both its chassis and power units by the end of the decade.

Leadership and Vision

Industry veteran Russ O’Blenes has been appointed CEO of GM Performance Power Units LLC. O’Blenes brings over 30 years of experience in motor racing engineering to the role and currently serves as the director of the GM Motorsports propulsion and performance team. His leadership is seen as crucial to Cadillac’s success in Formula 1.

Radical Motorsport's 28th Anniversary Marked by Production Milestone

SHERIDAN, WYOMING – February 6, 2025 – SHERIDAN, WYOMING – Feb. 6, 2025 – Radical Motorsport Celebrates Milestone 3,000th Race Car

Radical Motorsport, the renowned British manufacturer of high-performance race cars, has announced a significant milestone in its history – the production of its 3,000th race car. This achievement coincides with the company's 28th anniversary, marking a period of sustained growth and innovation in the motorsport industry. The 3,000th car, a testament to Radical's commitment to performance and accessibility, is an SR3 model.

A Special Delivery for a Loyal Customer

Aston Martin Valkyrie LMH Launches Ahead of WEC Debut

SHERIDAN, WYOMING – February 6, 2025 – SHERIDAN, WYOMING – Feb. 5, 2025 – Aston Martin's Valkyrie LMH has finally been unveiled, five years after the project's initial conception. This car represents the closest realization yet of the original vision for the Le Mans Hypercar rules: a road-based hypercar adapted for racing. Aston Martin will be the sole competitor in the Hypercar class fielding a car with a direct lineage to a homologated road version.

Development and Powertrain