PepsiCo announced better than expected half-yearly results on July 9, but most of our attention was drawn to the announcement of the combination of the Latin America beverages and snacks businesses. The company has remained committed to deriving synergies between its drinks and foods divisions, while activist investors have pushed the company to spin off the ailing drinks division. Just as with Europe and Asia, Middle East and Africa, Latin America will now also be trimmed into one separate oper...
PepsiCo announced better than expected half-yearly results on July 9, but most of our attention was drawn to the announcement of the combination of the Latin America beverages and snacks businesses. The company has remained committed to deriving synergies between its drinks and foods divisions, while activist investors have pushed the company to spin off the ailing drinks division. Just as with Europe and Asia, Middle East and Africa, Latin America will now also be trimmed into one separate oper...
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