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Industry NewsIs PepsiCo the next Kraft Heinz takeover target?

Is PepsiCo the next Kraft Heinz takeover target?


Thursday, April 20, 2017

Pablo Zuanic, a senior equity analyst at SIG, New York, says that Kraft Heinz may be considering PepsiCo as a takeover target.

Unilever recently declined a merger offer with Kraft Heinz, which means that “if [Kraft Heinz] still wants to do a deal, Mondelez International and PepsiCo are the next logical partners,” Zuanic says.

Zuanic believes that PepsiCo is a more vulnerable takeover target because it is “still struggling to set a new direction.” He also comments that there is a “greater strategic fit” for Kraft Heinz with PepsiCo’s food and snacks business than there is with Mondelez.

Click here to read Zuanic’s comments.

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