PepsiCo Inc., the soda manufacturer, known globally of its strong media promotional strategies recorded double digit earnings amidst the economic slowdown and the ongoing issue of last year's commodity hedging charges. The giant is taking a big leap and shall be counting on the grab of the bottling bargain.

The deal to grab Pepsi Americas Inc. and Pepsi Bottling Group Inc. is expected to reach heightened of February. The company further announce that it will be eyeing the changes implemented and the will screen the sales of its beverages in the U. S. PepsiCo expects savings from the deals, to hit a high of $400 million by 2012.

The group plans to resume back with the share buybacks and its North America beverages business, which has been a reason of weak performance for past quarter performance during the recession.

PepsiCo, America covers North America and Latin America showed a 10% rise in fourth-quarter operating profit on the contrary the volume fell 5%.

PepsiCo plans the buyback of shares, counting around $600 million savings, to $5 billion in 2010.

PepsiCo expects stronger-than-expected cash flow tends the company to hold its share-buyback position as soon as it gets over with the bottling acquisitions of Pepsi Bottling Group and Pepsi Americas.