PepsiCo Strengthens Wellness Brands Portfolio With Poppi Acquisition

In a bold step to reshape the future of refreshment, PepsiCo, Inc. PEP has officially completed its acquisition of Poppi, the fast-growing prebiotic soda brand, for $1.95 billion. With an estimated $300 million in tax benefits, the net purchase price comes to $1.65 billion. The deal also includes a performance-based...