PepsiCo Acquires Prebiotic Soda Brand Poppi for Nearly $2 Billion Amid Declining Soft Drink Demand
PepsiCo announced on Monday that it will acquire the prebiotic soda brand Poppi for $1.95 billion. This move comes as the company seeks to strengthen its position in the growing "healthier soda" market, especially as demand for its traditional beverages and snacks has been declining. PepsiCo’s stock saw a 1.5% increase in morning trading following … Read more