date:Mar 25, 2013
of more attractive food businesses, Pecoriello said.
We see Mondelez as representative of the attributes that would enhance Pepsi's portfolio with Danone (DANO.PA) a much lower probability given the French government's protectionist policy, Pecoriello wrote. General Mills Inc (GIS.N) was less attractive, he said.
Trian reported a stake in PepsiCo in late 2011, a time when there was a lot of market speculation over whether the maker of Tropicana juice, Frito-Lay snacks and Quaker oatmeal was wo