Hints and tips:
...Cameras for a subsequent publicity blitz were rolling at CHI’s rural Illinois plant when they were told of their windfalls, instantly changing the lives of working-class employees....
...While Mr Peltz did agitate for a break-up of PepsiCo, when Trian took a $1.2bn stake in the soft drinks and Frito-Lay snacks group in 2012, Trian said on Monday that it was not advocating a break-up of P...
...Mr Peltz agitated for a break-up of PepsiCo when Trian took a $1.2bn stake in the soft drinks and Frito-Lay snacks group in 2012....
...Meanwhile Nato defence ministers are rolling-out their new deterrence concept, which involves expanding its presence in eastern frontier countries (just don’t mention permanent bases)....
...Early last year, the company allowed Nelson Peltz on to its board to make a case for savings, after he abandoned his public push for the company to merge with PepsiCo’s Frito-Lay snack business....
...The appointment ends what was an escalating war of words between Trian and Pepsi over whether it should separate its snacks business, which owns Frito-Lay and Walkers crisps, from its drinks operations....
...Pepsi’s Frito-Lay North America snack businesses posted 3 per cent volume growth, beating estimates of 1.7 per cent....
...The final step would be to spin out the beverage business to investors, leaving Mondelez’s sweet snacks and coffee units to complement PepsiCo’s Frito-Lay food brands....
...Early next year, we will probably learn of any significant restructuring, lay-offs or any other significant action.”...
...Lowenstein lays out his narrative as three stories, with a coda on what should be done about it....
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