Bloomberg News reports that PepsiCo is negotiating a takeover of Poppi at over $1.5 billion

Pepsico buys Poppi

Bloomberg News reported that PepsiCo is in advanced talks to buy healthy soda brand Poppi for more than $1.5 billion, citing people familiar with the situation.

According to the source, the soft drink and snack behemoth could announce the deal next week. While deliberations are progressed, they may yet be delayed.

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