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PepsiCo to Acquire Poppi for $1.95 Billion
PepsiCo added to its growing portfolio of healthier brands with the acquisition of Poppi for $1.95 billion, announced Monday morning. The transaction includes $300 million of anticipated cash benefits, bringing the net purchase price to $1.65 billion, The Associated Press reported. The move gives PepsiCo shelf space in the momentum-fueled "functional soda" category--beverages with lower...
PepsiCo added to its growing portfolio of healthier brands with the acquisition of Poppi for $1.95 billion, announced Monday morning. The transaction includes $300 million of anticipated cash benefits, bringing the net purchase price to $1.65 billion, The Associated Press reported. The move gives PepsiCo shelf space in the momentum-fueled "functional soda" category--beverages with lower...
