The Business Times
The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

PepsiCo reaches truce with billionaire investor Nelson Peltz

Published Sun, Jan 18, 2015 · 09:50 PM
Share this article.

New York

NEARLY two years of public sabre-rattling between PepsiCo and the billionaire investor Nelson Peltz appeared to end, as the two announced a truce of sorts.

The food giant said on Friday it would add William Johnson, the former chief executive of HJ Heinz, to its board. Mr Johnson will serve as an emissary of Mr Peltz's investment firm, Trian Fund Management.

The settlement will likely end a long-running campaign by Mr Peltz and his team to break up PepsiCo, who have been a…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Consumer & Healthcare

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here