Is PepsiCo Next for a Split?

Publish Date: 
August 18, 2011

Almost as soon as Kraft Foods announced its planned split, the speculation began: Which company would be the next to divide in two?  A growing number of Wall Street analysts say it just might be PepsiCo, suggesting the company's fast-rising snacks unit is being held back by its underperforming beverage business. Pepsi has quickly dismissed such talk, telling Ad Age in a statement that Kraft's announcement does not influence our point of view on PepsiCo's current business portfolio or strategy. We have a very different portfolio, and we continue to see very attractive opportunities to create value in our global snacks and beverages businesses.
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