Read an article yesterday that suggested Kraft/Heinz May be interested in buying PepsiCo. Not a new story of course. However, it makes sense. Bringing the companies together would mean greater buying power, synergies in distribution, sales, back office, etc. It could also pave the way to cut future PepsiCo pension liabilities. They have toyed with this in the past and I think it could be a serious possibility in the future. Thoughts???
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I think there is a better chance of selling into franchises again.
To @TK4GPFY-1gyi - You know that no matter how stupid you sound I would not wish for you to go through the hell we have gone through over the years here, taking away matching 401k saying we have a pension, then taking away the stock options then bonuses for employess below L10. And now putting our pensions at risk. Go back to your little safe space snowflake. Real people have been driving the growth of this company for years without sub par people like you.
For all those complaining about the pension system you should be glad that ARC is around. It’s in YOUR control and not sitting out in La La Land as a liability. Look at what happened to UPS pensioners last year.
Glad they took away pensions. Baby boomers in PepsiCo have Miller the system, created disparity in pay in bands and stunted then development of many who came after.
Article did not specifically state pension cuts. More of a conversation point and perhaps even writing on the wall. Pension is expensive. With most easy to achieve productivity projects complete it makes sense to me PepsiCo or a potential buyer would see a lot of value if they could totally freeze the pension.
What do you mean by “It could also pave the way to cut future PepsiCo pension liabilities.”? Does the article specifically say that? Not sure how it relates ...