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Tag: peltz
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.
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".
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