PepsiCo Nears Deal to Acquire Soda Brand Poppi for Over $1.5 Billion

PepsiCo is reportedly in advanced talks to acquire Poppi, a brand known for its healthier soda options, in a deal valued at over $1.5 billion. The soda and snacks giant could announce the acquisition as soon as next week, although the report also noted that the deal could still face potential delays.

This move aligns with PepsiCo's strategic shift towards expanding its portfolio to include healthier and more premium beverage options.