https://brandtree.site/company/pepsicoAcquisitions, divestitures and ownership changes involving PepsiCo.https://brandtree.site/deal/pepsico-acquires-quaker-oats-2001https://brandtree.site/deal/pepsico-acquires-quaker-oats-2001Thu, 02 Aug 2001 00:00:00 GMTPepsiCo acquired The Quaker Oats Company in an all-stock merger, primarily to obtain Gatorade, which gave it the leading position in sports drinks. The Federal Trade Commission cleared the deal after a split vote, with a consent order restricting distribution arrangements.https://brandtree.site/deal/pepsico-spins-off-tricon-1997https://brandtree.site/deal/pepsico-spins-off-tricon-1997Mon, 06 Oct 1997 00:00:00 GMTPepsiCo spun off its restaurant business as Tricon Global Restaurants, taking KFC, Pizza Hut and Taco Bell out of the drinks and snacks company. PepsiCo had found that operating restaurants competed for capital with its packaged goods brands and complicated its relationships with other chains. Tricon renamed itself Yum! Brands in 2002.