PepsiCo buys prebiotic soda brand Poppi to gain a foothold in functional drinks
PepsiCo said Monday it’s acquiring the prebiotic soda brand Poppi for $1.95 billion. The acquisition gives PepsiCo a fast-growing brand in the popular functional beverage category.
PepsiCo Agrees to Buy Poppi Prebiotic Soda For Over $1.6 Billion: 'Growing Interest in Health and Wellness'
PepsiCo announced on Monday that it is acquiring Austin-based prebiotic soda brand Poppi for over $1.6 billion. The buying price is $1.95 billion, but the net purchase totals $1.65 billion after factoring in $300 million in anticipated cash tax benefits,
PepsiCo to buy prebiotic soda brand Poppi for nearly $2 billion
(Reuters) -PepsiCo said on Monday it would buy prebiotic soda brand Poppi for $1.95 billion, expanding in the "healthier soda" category at a time when the company is battling falling demand for its traditional beverages and snacks.
PepsiCo Nearing More Than $1.5 Billion Deal for Soda Brand Poppi, Bloomberg News Reports
(Reuters) -PepsiCo is in advanced talks to buy healthier soda brand Poppi in a deal worth more than $1.5 billion, Bloomberg News reported on Friday, citing people with knowledge of the matter.
PepsiCo to buy healthy soda brand Poppi for nearly $2B
PepsiCo announced on Monday that it will acquire a prebiotic soda brand called Poppi, which was founded by a family in Austin, Texas. The deal is valued at nearly $2 billion.
Pepsi joins the healthy soda wars and buys Poppi for $1.6 billion
Poppi is a great complement to our portfolio transformation efforts to meet these needs,” he added. Harnessing PepsiCo’s major distribution agreements and marketing budget could give Poppi an advantage over rival Olipop,
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