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PepsiCo CEO says no plans to break up snacks, Foods Giant



PepsiCo Inc.'s new CEO Ramon Laguarta said he has no plans to break up snacks and drink giant or dispose of the company's bottling operations after completing a four-month global business review.

"We believe product and geographic portfolios are sensible. And we do not currently see the need to shed or buy businesses in any significant way," said Mr. Laguarta on a conference call Friday after PepsiCo reported quarterly results.


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