This is an audio transcript of the FT News Briefing podcast episode: PepsiCo’s juicy private equity deal Marc FilippinoGood morning from the Financial Times, today is Wednesday, August 4th, and this is your FT News Briefing. Spain is calling on the EU to curb high electricity prices. And we’ll talk about why Russia’s ban from the Olympics doesn’t really feel much like punishment. Plus, PepsiCo is selling off some of its juice brands to private equity. Kaye WigginsPrivate equity firms love nothing more than what they call like the corporate carve-out to sort of buy a unit of a company.