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flag Elliott Investment Management buys a $4 billion stake in PepsiCo to push for strategic changes.

flag Elliott Investment Management has bought a $4 billion stake in PepsiCo, positioning itself as a major shareholder to push for changes. flag PepsiCo has faced challenges with declining demand due to price hikes and shifting consumer preferences. flag Elliott aims to work with PepsiCo's leadership to enhance performance through innovation and efficiency, focusing on its leading brands. flag This move comes as PepsiCo reviews its strategy and faces market pressures.

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