PepsiCo Isn't Looking to Split Its Snacks and Beverage Businesses
Dow Jones10-08
1153 ET - PepsiCo CEO Ramon Laguarta says the company is open to exploring strategic options that would improve execution in the beverage business, particularly in the U.S. That being said, the company's main focus is to continue to invest in its brands, executing on its strategy to grow the business. At this point, there are no plans to separate PepsiCo's snacks and beverage businesses: "No, that's not what we're thinking about," Laguarta says in an interview with CNBC, when asked about a potential split.
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