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Pepsi buys prebiotic soda brand Poppi

PepsiCo's deal for Poppi is seen as on-brand with its aggressive M&A strategy

PepsiCo (NASDAQ:PEP) gained 1.8% in morning trading on Monday after the food and beverage giant pulled off another opportunistic M&A play with the $1.95 billion acquisition of the Poppi prebiotic soda brand.

Tribune Online on MSN · 1d

PepsiCo to buy prebiotic soda brand, Poppi, for nearly $2bn

PepsiCo said on Monday it would acquire prebiotic soda brand Poppi for $1.95 billion, a move aimed at strengthening its position in the growing “healthier soda” market amid slowing demand for its traditional beverages and snacks.

Bloomberg on MSN · 2d

PepsiCo to Acquire Soda Brand Poppi for Nearly $2 Billion

PepsiCo Inc. will acquire healthier soda brand Poppi for $1.95 billion, the Purchase, New York-based soda giant announced on Monday, confirming an earlier Bloomberg News report.

Yahoo Finance16d

PepsiCo, Absa Back South Africa Farmers’ Online Marketplace

(Bloomberg) -- PepsiCo Inc.’s South African development fund and local lender Absa Group Ltd. are backing a mobile marketplace for farmers that enables them to sell their products as well as ...

Reuters1mon

Pepsi India bottler Varun Beverages misses profit view as costs bite

Varun Beverages, which packages and distributes beverages under Pepsi, Mirinda and Tropicana labels, is expanding its presence in several African countries, including South Africa, Ghana and ...

Moneyweb16d

PepsiCo, Absa back South African mobile marketplace for farmers

PepsiCo’s South African development fund and local lender Absa Group are backing a mobile marketplace for farmers that enables them to sell their products as well as source logistics ...

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Pepsi buys prebiotic soda brand Poppi

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