This legal challenge highlights the growing scrutiny surrounding functional beverage claims and underscores the importance of transparency and accurate marketing practices within the industry. Despite ...

PepsiCo is acquiring prebiotic soda brand Poppi for $1.95 billion, marking a major move into the functional beverage market. The deal includes $300 million in tax benefits, bringing the net cost to $1 ...

In June 2024, former customer and plaintiff Kristin Cobbs filed a lawsuit against Poppi challenging the company's advertising ...

Allison Ellsworth relaunched her prebiotic soda brand as Poppi in March 2020. PepsiCo announced it will acquire Poppi for ...

Legal challenges: class-action lawsuit settlement Despite Poppi’s rapid success, the company has faced legal challenges. Last summer, multiple class-action lawsuits were filed against the brand ...

PepsiCo acquired the prebiotic soda brand Poppi for $1.95 billion to solidify its footprint in the healthier beverage segment ...

Last week (March 17), PepsiCo announced the company is buying Poppi prebiotic soda for $1.95 billion. 24kGoldn, an early investor of the brand, is winning big as a result of the massive sale.

PURCHASE, N.Y. -- PepsiCo has agreed to purchase popular prebiotic soda brand Poppi for a net price of $1.65 billion, the beverage company announced Monday. PepsiCo will acquire Poppi for $1.95 ...

Cravath, Swaine & Moore LLP is acting as legal advisor to PepsiCo, and Davis Polk & Wardwell LLP is acting as tax counsel. Goldman Sachs & Co. LLC is acting as financial advisor to poppi ...

Fans of brands like Olipop and Poppi say it’s simple: Now more than ever, they need a guilt-free treat. And if it says it has fiber? All the better. Fans of brands like Olipop and Poppi say it ...