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Activist investor Peltz builds stakes in PepsiCo, Mondelez

March 22, 2013 at 12:00 am EDT

MarketScreener.com By The editorial team

(Reuters) - U.S. activist shareholder Nelson Peltz has in recent weeks been building up stakes in PepsiCo Inc (>> PepsiCo, Inc.) and Oreo maker Mondelez International Inc (>> Mondelez International Inc), Britain's Daily Telegraph reported on Friday, citing sources familiar with the matter.

The newspaper said the exact size of Peltz's stakes in the two companies were unclear, but cited one source as saying that Peltz had spent at least $2 billion in a concerted buying spree.

According to a February 14 regulatory filing, Peltz's Trian Fund Management did not hold any stock in either company as of December 31, 2012.

PepsiCo and Trian Fund Management were not immediately available for comment.

A spokesman for Mondelez said he was not aware if Peltz had a stake in the company.

(Reporting by Karen Rebelo in Bangalore; Editing by Chris Gallagher)

Stocks treated in this article : Mondelez International Inc, PepsiCo, Inc.

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	PEPSICO, INC.	176.8 USD	+49.52%	+1.03%	243B
	MONDELEZ INTERNATIONAL, INC.	70.61 USD	-0.27%	+3.67%	95.24B

Nelson Peltz

Nelson Peltz (born June 24, 1942) is an American businessman and a founding partner, together with Peter W. May and Edward P. Garden, of Trian Fund Management. L.P., an alternative investment management fund, based in New York.

Early life and education
Peltz was born in 1942 to a Jewish family in Brooklyn, New York, He was enrolled at the undergraduate program at the Wharton School of the University of Pennsylvania, where he joined the Fraternity of Phi Gamma Delta, but never completed his degree. Triangle was sold to Pechiney in 1988.

In 1997, through an investment vehicle they controlled, Triarc Cos, Peltz and May acquired Snapple, from Quaker Oats. Snapple, together with other beverage brands was sold to Cadbury Schweppes in 2000. The Snapple turnaround was featured as a Harvard Business School case study.

In 2006 Trian was involved in a proxy contest with Heinz to get five independent directors on the board of Heinz. In the end Trian succeeded in getting two members on the board, including Peltz.

In 2007, Trian bought a 3% share of Cadbury-Schweppes which may have influenced the spin-off of Cadbury Schweppes Americas Beverages from the Cadbury Schweppes confectionery group. In 2007, Trian also bought $1.8 billion in shares of Kraft Foods, roughly a 3% of the total equity of the food maker.Cite news| url = |title= Peltz Has His Slic

Source @ Wikipedia

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Linked companies
Trian Partners General Partner LLC Trian Partners General Partner LLC Miscellaneous Commercial ServicesCommercial Services Trian Partners General Partner LLC provides business services related to hedge funding. The company is the general partner of Trian Onshore, Trian Offshore, and Trian Offshore (Non-ERISA). It is located in New York, NY.	Chief Executive Officer
Trian Fund Management LP Trian Fund Management LP Investment ManagersFinance Trian Fund Management LP (Trian) is an independent, SEC-registered investment advisor and hedge fund manager headquartered in New York City. The firm was founded by Nelson Peltz, Edward Garden and Peter May in 2005 and do-business-as Trian Partners. Trian provides discretionary investment advisory services to a variety of domestic and offshore private investment partnerships and other investment vehicles.	Chief Executive Officer

Linked companies