Pepsico Bares Its Intentions With Its Latest Health Food Acquisition

newsfeedback@fool.com (Rich Duprey), The Motley Fool
Mon, 06/11/2018 - 6:17pm

Billionaire investor Nelson Peltz might not have had healthy snacks in mind five years ago when he recommended that PepsiCo (NASDAQ: PEP) spin off its beverage company. But he may ultimately be right in saying that the soda giant should concentrate on its Frito-Lay division.PepsiCo's planned acquisition of Bare Foods, a maker of baked fruit and vegetable snacks, shows that even management understands snacks are the path to growth, while soda remains in decline -- though PepsiCo clings to the notion that both are better together than separate.Image source: Bare Foods.Continue reading

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Topics:  nelson peltz    nasdaq   pep    frito-lay   bare   pepsico   foods   health   acquisition   snacks   soda   

 

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