Elliott's $4 Billion Stake Aims to Revitalize PepsiCo
Originally Published 4 months ago — by CNBC

Elliott Investment Management has outlined a comprehensive plan for PepsiCo to focus on core brands, optimize its portfolio, and improve operational efficiency, aiming to unlock at least 50% shareholder value through strategic reinvestment and potential refranchising of its bottling operations, while emphasizing long-term growth over short-term buybacks.
