date:Mar 25, 2013
billion in revenue and $20 billion of operating earnings per year.
A deal would also reunite Mondelez Chief Executive Irene Rosenfeld with Frito-Lay, which she ran for two years before taking the reins at Kraft in 2006.
A spokeswoman for Trian declined to comment on the report. Spokesmen for PepsiCo and Mondelez declined to comment on rumor or speculation regarding any Trian stake, though both indicated the companies were happy with where they were now.
We're satisfied with the portfolio wher