PepsiCo (PEP) CEO Indra Nooyi says North American beverage acquisitions don't make sense...

|About: PepsiCo Inc. (PEP)|By:, SA News Editor

PepsiCo (PEP) CEO Indra Nooyi says North American beverage acquisitions don't make sense anymore, and the firm should focus on developing its own products. "Our incubation model needs fixing," Nooyi admits.