Allison Ellsworth
PepsiCo Acquires Poppi for Nearly $2 Billion
On March 17, PepsiCo (Purchase, NY) announced it entered a definitive agreement to acquire Poppi (Austin, TX), the popular prebiotic soda brand, for $1.95 billion including $300 million of anticipated cash tax benefits. The acquisition also includes additional potential earnout considerations subject to the achievement of certain performance milestones within a specified period after closing ...
Poppi Becomes Official Soda of Los Angeles Lakers
Poppi (Austin, TX), manufacturer of the popular eponymous prebiotic soda, announced its sponsorship with the Los Angeles Lakers. This marks the first professional sports collaboration for Poppi. As the official soda of the Lakers, Poppi aims to introduce a new type of soda to the next generation and re-enhance the sports experience with a better-for-you ...
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