Nelson Peltz, the US billionaire and activist investor, will halt his campaign to merge PepsiCo with Mondelez International after the Cadbury chocolate producer lined him up for a seat on its board.
US: Peltz to drop PepsiCo merger efforts
Nelson Peltz, the US billionaire and activist investor, will halt his campaign to merge PepsiCo with Mondelez International after the Cadbury chocolate producer lined him up for a seat on its board.