PepsiCo is to sell Tropicana , Naked and other juice brands to French private equity firm PAI Partners for about $3.3 billion as it seeks to bolster its balance sheet and focus on healthier snacks and zero-calorie drinks. Watch: PepsiCo is selling juices like Tropicana for $3 billion in cash. CEO Ramon Laguarta seems focused on flogging zero-calorie tipple to increasingly obese consumers, which is why LBO firm PAI got ...