PepsiCo Expands Beverage Portfolio with $2 Billion Acquisition of Poppi

In a significant move to diversify its beverage offerings, PepsiCo has announced its decision to acquire the rapidly growing soda brand, Poppi, for an estimated $2 billion. This acquisition underscores PepsiCo's commitment to expanding its footprint in the health-conscious beverage sector, responding to shifting consumer preferences towards products that offer functional benefits.

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Nestlé Surpasses Sales Growth Expectations with Strategic Price Increases

Nestlé, the global food and beverage leader, has recently reported impressive sales growth for its latest fiscal period, exceeding analysts' predictions. This upward trend is driven largely by strategic price increases across its diverse portfolio of brands, which include beloved names like KitKat, Nescafé, and Perrier. The company’s ability to pass on rising costs to consumers has proven effective, demonstrating its robust market position and consumer loyalty.

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