
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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PepsiCo on the Verge of $1.5 Billion Acquisition of Poppi Soda Brand
In a significant move poised to reshape its product portfolio, PepsiCo Inc. is reportedly nearing a deal valued at over $1.5 billion for the acquisition of Poppi, a brand recognized for its innovative approach to sparkling water with added health benefits. This acquisition reflects PepsiCo’s strategy of diversifying its offerings in response to shifting consumer preferences towards healthier beverage options.
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