PepsiCo Acquires Poppi for $1.95B in Functional Soda Bet
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PepsiCo has acquired Poppi, a prebiotic soda company, for $1.95 billion. The move is seen as part of PepsiCo's expansion into the beverage market and a bet on the growing functional soda sector. The acquisition is reportedly one of the largest in the food and drink industry so far.
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