date:Feb 21, 2014
ef Executive Indra Nooyi saying a split up would hurt its ability to negotiate with retail customers.
PepsiCo reiterated on Thursday that it had no plans to split up. Our focus is on delivering results for our shareholders, not new, costly distractions that will harm shareholder interests, a PepsiCo spokesman said in an email.
We've looked at this from every single angle and we're absolutely convinced this is the right decision for the company, Brian Cornell, chief executive of PepsiCo America