Companies / Brazil
A PepsiCo Split Could Pave The Way For Merger With Anheuser-Busch InBev
August 2011 | Company News AlertUS soft drink and snack giant PepsiCo has moved to quickly dismiss suggestions that it could follow the example set by Kraft and split the business in two. Analysts from Sanford Bernstein wrote in a research note that 'given the seeming changed tone from CEO Indra Nooyi and Kraft's recent announcement, we wonder whether PepsiCo may be closer than ever to splitting up'. PepsiCo responded by suggesting that while the firm would always consider their strategic options, it was comfortable that its business model is 'right for today and right for moving forward'.
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