date:May 21, 2012
ng, distribution and back office operations for both food and beverage operating systems; it also involves exploring complementary products across the two businesses.
But earlier this week, activist and investor Ralph Whitworth took a $600m stake in PepsiCo, and the CLSA analysts said they believed that given his reputation as a value-creating, corporate governance expert, we believe the PepsiCo board will re-examine splitting the company and take action sooner rather than later.
Beverage s