PepsiCo to Acquire poppi in $1.95B Deal

PepsiCo, Inc. has agreed to acquire poppi, a prebiotic soda brand, for $1.95 billion, which includes $300 million in anticipated cash tax benefits. This acquisition aims to enhance PepsiCo’s portfolio in response to consumer demand for healthier beverage options.

Original excerpt: PepsiCo, Inc. has entered into a definitive agreement to acquire poppi, a fast-growing prebiotic soda brand, for $1.95 billion…

Source: Food Engineering