Argus Research Analyst: 3G Capital Could Do A Lot With PepsiCo, Campbell

Speaking to Benzinga, Argus Research analyst John Staszak said that there is a lot Brazil-based 3G Capital could do with PepsiCo, Inc. (NYSE: PEP).

The Wall Street Journal has reported that 3G Capital is considering acquiring food and beverage companies, including PepsiCo.

Staszak pointed out that 3G Capital could spin-off PepsiCo’s chip unit, Frito-Lay.

He also said that Campbell Soup Company (NYSE: CPB) would make a suitable choice as well, because the company has made some good acquisitions in recent years.

PepsiCo is up more than 2.5 percent, while Campbell is trading almost 4.6 percent higher.