PepsiCo (PEP +3.7%) issues a statement indicating it doesn't see a need to make any large...

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

PepsiCo (PEP +3.7%) issues a statement indicating it doesn't see a need to make any large acquisitions after a British newspaper suggested Nelson Peltz might push for a merger between the company and Mondelez International (MDLZ +4.8%). An underlying debate with PepsiCo still exists on if more value for shareholders exists by separating the snacks and beverage sides of the business into two separate companies.