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PR Newswire Company continues to evolve its portfolio through innovation and strategic acquisitions Company expands better-for-you offerings to meet consumer preferences and continue to serve new generations of consumers PURCHASE, N.Y. and AUSTIN, Texas, March 17, 2025 /PRNewswire/ — PepsiCo, Inc. (NASDAQ: PEP) (“PepsiCo”) today announced that it has entered into a definitive agreement to acquire poppi, a fast-growing prebiotic soda brand, for $1.95 billion, including $300 million of anticipated cash tax benefits for a net purchase price of $1.65 billion. The transaction also includes an additional potential earnout consideration subject to the achievement of certain performance milestones within a specified period after closing of the transaction. “We’ve been evolving our food and beverage portfolio over many years, including by … Continue reading ""https://mma.prnewswire.com/media/2642867/PepsiCo_acquires_poppi.jpg