Reuters – Peltz Builds Stake in PepsiCo, Mondelez

U.S. activist shareholder Nelson Peltz has in recent weeks been building up stakes in PepsiCo Inc. and Oreo maker 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.

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