PepsiCo (NASDAQ: PEP) is a company with more than 50 consecutive annual dividend increases under its belt. You don't achieve ...

PepsiCo announced on Monday that it has entered into an agreement to purchase prebiotic soda brand Poppi for $1.95 billion.

Over the last few years, emerging healthier soda alternatives have disrupted the traditional soda market like never before.

PepsiCo. has agreed to purchase popular prebiotic soda brand Poppi for a net price of $1.65 billion, the beverage company ...

PepsiCo, announced today that it has entered into a definitive agreement to acquire Poppi, an Austin-based prebiotic soda ...

PepsiCo Inc. will acquire healthier soda brand Poppi for $1.95 billion, the Purchase, New York-based soda giant announced on ...

PepsiCo purchased the popular prebiotic soda brand as consumers are deciding to purchase more health-conscious drink options ...

PepsiCo announced on Monday that it will acquire a prebiotic soda brand called Poppi, which was founded by a family in Austin ...

The deal with Poppi includes $300 million of anticipated cash tax benefits for a net purchase price of $1.65 billion, PepsiCo said, without disclosing additional terms of the deal.

Last year, several class-action lawsuits were filed against a prebiotic soda claiming the product didn’t improve gut health ...

PepsiCo is dropping another couple billion on an Austin-based food brand just a few months after finalizing the $1.2 billion ...

The acquisition includes an estimated $300 million in cash tax benefits. The purchase of the brand comes as PepsiCo’s competitor, Coca-Cola, recently launched prebiotic soda brand Simply Pop.