Elliott Investment Management has taken a $4 billion stake in PepsiCo as the activist hedge fund led by billionaire Paul Singer presses for changes to boost the company’s stock price. The Wall Street ...
Newmont (NYSE:NEM) has cut nearly a dozen managers, including a member of its executive team, as part of a corporate overhaul, and the miner also told employees it plans to merge several business ...
Elliott says North America beverages unit an underperformer PepsiCo should evaluate re-franchising of bottling network, Elliott says PepsiCo's stock lags behind Coca-Cola's over the past five years ...
SYDNEY, Feb 24 (Reuters) - Australia's Perpetual Ltd (PPT.AX), opens new tab has terminated talks with KKR (KKR.N), opens new tab for the A$2.2 billion ($1.4 billion) sale of its wealth management and ...