CORRECTED -Pepsi backs 2010 outlook, closes bottler purchases
(Corrects bulletpoint to say company sees low double-digit EPS growth in 2011 and 2012)
* Sees EPS growth of 11-13 pct in 2010
* Sees EPS growth in low double-digit rate in 2011, 2012
* Closes purchase of Pepsi Bottling and PepsiAmericas
NEW YORK, March 1 - PepsiCo (PEP.N) backed its outlook for 2010 and said it saw earnings per share rising at a low double-digit rate on an constant currency basis in 2011 and 2012.
The soft-drink maker, which also closed its purchase of Pepsi Bottling Group and PepsiAmericas Inc, said it expected earnings per share to grow 11 percent to 13 percent on a constant currency basis in 2010.
Last week, Pepsi archrival Coca-Cola Co (KO.N) made a surprise move to buy the North American operations of bottler Coca-Cola Enterprises Inc (CCE.N). (Reporting by Dhanya Skariachan; Editing by Lisa Von Ahn)
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