Deals
PepsiCo Is Near $1.5 Billion-Plus Deal for Soda Brand Poppi
PepsiCo has been turning to acquisitions of healthier brands in recent months.
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PepsiCo Inc. is in advanced talks to buy healthier soda brand Poppi, according to people with knowledge of the matter.
The Purchase, New York-based beverage giant could announce the transaction as soon as next week, said one of the people, who asked not to be identified discussing confidential information. The purchase price under discussion is more than $1.5 billion, the person said.