PepsiCo to acquire prebiotic soda brand poppi in $1.95 billion deal

Global beverage giant PepsiCo, Inc. has announced a definitive agreement to acquire poppi, the fast-growing prebiotic soda brand, in a deal worth $1.95 billion. The transaction includes $300 million in anticipated cash tax benefits, resulting in a net purchase price of $1.65 billion. Additionally, the agreement incorporates a potential earnout consideration contingent on specific performance…

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