PepsiCo-Mondelez talk could heat up in January: dealReporter

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

Keep an eye on PepsiCo (PEP +0.2%) and Mondelez International (MDLZ +0.1%) next month, advises dealReporter.

Both companies have board nomination deadlines in January in front of annual board meetings. The development comes amid continued talk from Trian Fund Management that PepsiCo should spin off its snacks business to merge with Mondelez.

If a board battle breaks out, shares of both stocks could be active on renewed PEP-MDLZ merger talk.