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PepsiCo to slash SKUs and review bottling after activist investor intervention
By Dominic Bernard2025-12-10T13:10:00
Both PepsiCo and Elliott hailed the ‘constructive engagement’ in their dealings
PepsiCo has promised to slash 20% of its North American foods business’ SKUs, “aggressively” reduce operating costs and “carefully evaluate” the refranchisement of its US bottling in concessions to activist investor Elliott Management.
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