date:Jul 25, 2013
g right now, which is creating a lot of value for shareholders.
PepsiCo shares, which had gained 26 percent this year, were down 0.4 percent at $85.81 in afternoon trade.
While it has no current plans to separate its global beverage business, the company is weighing all options for the North America business. Johnston declined on Wednesday to say what those options were, but analysts have said they could include selling or spinning off the business, or refranchising the bottling assets to inde