PepsiCo officially adds Poppi to its brand portfolio as it looks to M&A for growth

1 month ago 2

• Consumer

Spencer Platt/Getty Images News

PepsiCo (NASDAQ:PEP) announced on Monday that it closed on the acquisition of Poppi for $1.95 billion. The deal price included $300 million of anticipated cash tax benefits for a net purchase price of $1.65 billion. The transaction also includes a performance-based earn out contingent

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