PepsiCo to acquire poppi for $1.95bn.

PepsiCo, an American multinational food, snack, and beverage corporation, agreed to acquire poppi, a prebiotic soda brand, for $1.95bn. "We've been evolving our food and beverage portfolio over many years, including by innovating with our brands in new spaces and through disciplined, strategic acquisitions that enable us to offer more positive choices to our consumers. More than ever, consumers are looking for convenient and great-tasting options that fit their lifestyles and respond to their growing interest in health and wellness. poppi is a great complement to our portfolio transformation efforts to meet these needs," Ramon Laguarta, PepsiCo Chairman and CEO.