THE VIRGINIAN-PILOT
Copyright (c) 1994, Landmark Communications, Inc.
DATE: Tuesday, October 4, 1994 TAG: 9410040413
SECTION: BUSINESS PAGE: D1 EDITION: FINAL
SOURCE: (Bloomberg Business News)
LENGTH: Short : 20 lines
Hampton University is among a group of blacks and black-controlled institutions investing $15 million in a new PepsiCo Inc. bottling venture in South Africa, Pepsi announced. Others in the group include actor Danny Glover and basketball star/Pepsi pitchman Shaquille O'Neal. The investors will have an uphill battle. Coca-Cola Co. has about 90 percent of the South African cola market. by CNB