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