PepsiCo (PEP) is nearing a deal to buy healthier soda brand Poppi for more than $1.5 billion, Bloomberg reported Friday, citing people with knowledge of the matter.
Pepsi could announce the acquisition as soon as next week, according to the report, citing one of the people.
Pepsi did not immediately reply to a request for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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