With $4B Stake in PepsiCo, Elliott Mgmt Starts to Rattle Cage, Demanding More Focused Innovation, Bottler Refranchising

Elliott Investment Management joined the ranks of those clamoring for PepsiCo to consider refranchising its bottling operations as it invested $4 bil in sluggishly performing soda & snacks giant, sending shares soaring in early trading today. In publicly disclosed letter and 75-page presentation sent to PEP board this morning,...
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Publishing Info

  • Year: 2025
  • Volume: 22
  • Issue #: 179
  • Issue Date: 09/02/2025