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'More likely' PepsiCo split could see beverages or snacks arms sold - analysts
date:May 21, 2012
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We believe PepsiCos recent struggles to grow, and now activist involvement, make one of these scenarios more likely than not over the next year.


Given an estimated earnings per share (EPS) decline for 2012 ($4.1, 2011: $4.29), Levy and Lavery said they believed a company split could create value.


Pressure from Coca-Cola


But even if spin-off or split-up was announced, Levy and Lavery said they were mindful of the time it took to execute a meaningful operational turnaround given that Co

12/20 00:16