(Adds PepsiCo's comment in fifth paragraph)
SAO PAULO, March 8 PepsiCo Inc has bid
to acquire Brazilian dairy company Fábrica de Produtos
Alimentícios Vigor SA, according to reports published in two
Brazilian newspapers on Wednesday.
Valor Econômico cited unnamed industry sources in reporting
that U.S.-based PepsiCo had made two bids, the second of which
was about 6 billion reais ($1.9 billion). It said the current
owner, J&F Investimentos Ltda, had not agreed on the value of a
J&F, which also owns meatpacker JBS SA and wood
pulp producer Eldorado Brasil Celulose SA, has sought competing
bids from other companies such as French Group Lactalis, the
controlling owner of Parmalat, according to Valor.
Newspaper O Estado de S. Paulo reported Mexico's Grupo Lala
SAB also had eyed the possible acquisition.
PepsiCo told Reuters in an email that it did not comment on
rumors or speculation. Representatives for J&F, Lactalis and
Lala did not immediately respond to requests for comment.
($1 = 3.14 reais)
(Reporting by Ana Mano; Editing by Brad Haynes and Bill Trott)