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Posted inBeverage News, National, News

PepsiCo To Acquire Prebiotic Soda Brand Poppi

PepsiCo has entered into an agreement to acquire poppi, a fast-growing prebiotic soda brand, for $1.95 billion, including $300 million of anticipated cash tax benefits, for a net purchase price of $1.65 billion. The transaction also includes an additional potential earn-out consideration subject to the achievement of certain performance milestones within a specified period after closing of […]