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US: Peltz demands PepsiCo shows data to back split rejection

2014-03-14 16:57:00| Daily beverage news and comment - from just-drinks.com

Nelson Peltz has called on PepsiCo to deliver "not just platitudes and rhetoric", in an open letter demanding the soft drinks company outline in detail why it refuses to split its beverage and snacks units.

Tags: back data shows split

 

Peltz blasts PepsiCo again, seeks details on operations, strategy

2014-03-14 02:40:48| Beverages - Topix.net

Peltz's Trian Fund Management, which owns nearly 1 percent of PepsiCo's stock, has been urging the company to split its flourishing snacks division from its sluggish beverage business to create "two leaner and more entrepreneurial companies."

Tags: details strategy operations seeks

 
 

Peltz Prepares New Push for PepsiCo

2014-02-21 13:39:43| Beverages - Topix.net

As is widely known, Peltz believes the company is working at cross-purposes and that having two distinct businesses would better unlock shareholder value that is being suppressed by the beverage division holding back the Frito-Lay snacks segment.

Tags: push prepares pepsico peltz

 

Peltz revives bid to split PepsiCo

2014-02-20 09:32:02| Beverages - Topix.net

The snack and drink giant confirmed a Wall Street Journal report that Peltz's Trian Fund Management LP sent a 37-page letter to its board of directors on Wednesday.

Tags: bid split pepsico revives

 

US: PepsiCo speaks out over fresh Peltz bid to split group

2014-02-20 06:44:00| Daily beverage news and comment - from just-drinks.com

PepsiCo has issued a rebuke to a fresh effort by Nelson Peltz's Trian Fund Management to split up the company, branding the interference a "costly distraction".

Tags: group fresh bid split

 

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