PEP Stock Recent News

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BASEL, Switzerland--(BUSINESS WIRE)--Syngenta, leader in technology and innovation in agriculture, and PepsiCo, global leader in food and beverages, are working in collaboration with the aim of boosting regenerative and traceable agriculture in the food industry value chain in a transparent and verifiable way. During the first year of joint work, Syngenta provided PepsiCo with 4,000 tons of sunflower oil from fields of farmers in the province of Buenos Aires, La Pampa, San Luis and Santa Fe, wh.

PEP is set to buy poppi functional soda brand to reinforce its better-for-you offerings. It is evolving its brand portfolio via meaningful innovations and prudent buyouts.

PepsiCo acquired the prebiotic soda brand Poppi for $1.95 billion to solidify its footprint in the healthier beverage segment.

PepsiCo is sick of being left out of the prebiotic soda craze—and to catch up with competitors, the multinational food and beverage corporation just dropped $1.65 billion to acquire the functional soda startup Poppi.

With the news that PepsiCo bought prebiotic soda company Poppi for $1.95 billion, we asked experts: Are these new sodas actually healthy?

PepsiCo Inc (NASDAQ:PEP, ETR:PEP) has announced the acquisition of Poppi, a fast-growing functional soda brand, for $1.95 billion. The deal, which includes a $300 million anticipated tax benefit, aims to boost Pepsi's presence in the rapidly expanding modern soda market.

PepsiCo announced on Monday that it will acquire a prebiotic soda brand called Poppi, which was founded by a family in Austin, Texas. The deal is valued at nearly $2 billion.

Prebiotic sodas have become a top-growing category in the US within the carbonated drinks segment.

PepsiCo (PEP) will acquire prebiotic soda brand Poppi for $1.65 billion, the snack and beverage giant said Monday.