
PepsiCo Expands Beverage Portfolio with $2 Billion Acquisition of Poppi
18 days ago
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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