PepsiCo's $1.222 Billion Trading Day Lands 48th as it Acquires Poppi for $1.95 Billion

Generated by AI AgentAinvest Market Brief
Monday, May 19, 2025 7:35 pm ET1min read
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On May 19, 2025, PepsiCo's trading volume reached $1.222 billion, ranking 48th in the day's stock market. PepsiCoPEP-- (PEP) fell 0.14%.

PepsiCo has completed the acquisition of poppi, a rapidly growing prebiotic soda brand, for $1.95 billion. This strategic move is part of PepsiCo's efforts to accelerate its portfolio transformation and advance its positive choices growth strategy. The acquisition includes $300 million of anticipated cash tax benefits, resulting in a net purchase price of $1.65 billion. This significant capital expenditure is expected to enhance PepsiCo's product offerings and market position in the health-conscious beverage sector.

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