Reported about 8 hours ago
Many PepsiCo investors express caution regarding Elliott Investment Management's proposal to spin off the company's bottling operations to enhance profitability and streamline its structure. While some support cost-cutting measures and divesting underperforming brands, they are concerned about the potential costs and long timeline associated with separating the bottling network, which could adversely affect PepsiCo's margins and earnings in the interim. Ongoing dialogues between PepsiCo and Elliott continue as both sides explore potential strategies for the company's future.
Source: YAHOO