BUZZ-Britvic: Drags UK midcap index on PepsiCo exit
** Soft drinks maker Britvic (Stuttgart: A0HMX9 - news) shares down 3.3 pct -- biggest drag on the FTSE Mid cap -- after top 5 shareholder and global soda giant PepsiCo (NYSE: PEP - news) sells all of its stake in co
** PepsiCo, on Thursday, said it would sell its 4.5 pct stake or about 11.8 mln shares in Britvic in an accelerated sale managed by sole bookrunner Citigroup (NYSE: C - news)
** Stock poised for worst single day in 2017
** Britvic is PepsiCo's bottler and distributor in UK and Ireland (Other OTC: IRLD - news) selling brands such as Pepsi and 7UP
** PepsiCo says share sale will not impact tie-up
** Britvic, on Wednesday, reported 11.5 pct rise in first-half revenue (rahul.b.thomsonreuters.com@reuters.net)