News

PepsiCo Inc. will acquire healthier soda brand Poppi for $1.95 billion, the Purchase-based soda giant announced on Monday, confirming an earlier Bloomberg News report. The deal includes $300 ...
PepsiCo's recently announced purchase of Poppi for $1.95 billion is an example of the company's strong business model being executed well during bad times. It makes PepsiCo's stock look like a buy.