PepsiCo Closes $1.95 Billion Poppi Acquisition

MT Newswires Live

2025/05/19

PepsiCo (PEP) said Monday that it has closed its the acquisition of Poppi for $1.95 billion, which includes $300 million in anticipated cash tax benefits.

The company said the transaction also includes an earnout payment based on the achievement of certain performance metrics.

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