PepsiCo has issued a rebuke to a fresh effort by Nelson Peltz’s Trian Fund Management to split up the company, branding the interference a “costly distraction”.
US: PepsiCo speaks out over fresh Peltz bid to split group
PepsiCo has issued a rebuke to a fresh effort by Nelson Peltz’s Trian Fund Management to split up the company, branding the interference a “costly distraction”.