PUTTING FIZZ INTO PEPSICO: WEIGHING UP ACTIVIST ADVICE FOR US GIANT
https://s.yimg.com/ny/api/res/1.2/A9NgxVu32IAbKg_r3jndeQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzY-/https://media.zenfs.com/en/just_food_692/e0a50da85dc138929751b69a175c4443
✍️ Elliott Investment Management, an activist investor, has urged PepsiCo to improve its performance by reviewing its food and drinks businesses in North America, refranchising its bottling network, and streamlining its portfolio.
👉 Elliott Investment Management believes that PepsiCo's North American operations have underperformed its peers for over a decade 👉 The investor is urging PepsiCo to review its food and drinks businesses in North America 👉 Elliott Investment Management is recommending that PepsiCo refranchise its bottling network 👉 The investor believes that PepsiCo should streamline its portfolio by offloading non-core and underperforming assets 👉 Elliott Investment Management thinks that PepsiCo should focus on its core strengths in salty snacking and away-from-home market 👉 The investor suggests that PepsiCo consider divesting its Quaker Oats brand
-- #JesseCohn #MarcSteinberg #PaulSinger #RamonLaguarta #IndraNooyi #StefanoDiNapoli #NorthAmerica #Europe #UK #US #Mexico #business
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