Trian Fund Management LP's CEO, Nelson Peltz said that PepsiCo should buy Mondelez for around US$67.8 billion in an all-stock deal.
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PepsiCo Inc and Trian Fund Management's Nelson Peltz agreed on a timeframe to discuss buying Mondelez and make strategic options.
According to Calcalist financial newspaper, PepsiCo is in discussion to acquire Soda Stream International for US$2 billion.
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