PepsiCo to Buy poppi Soda Brand to Strengthen Better-For-You Offerings

PepsiCo, Inc. (PEP) looks well-poised for growth on strength in its core categories, diversified portfolio, improved digital capabilities and flexible go-to-market distribution systems. PEP’s solid innovations are on track.In the latest revelation, PepsiCo has inked an agreement to acquire poppi, which is a fast-growing prebiotic soda brand, worth $1.95 billion. This amount comprises$300 million of estimated cash tax gains for a net purchase price of $1.65 billion.Details on PEP’s Latest Newspoppi combines ...