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flag PepsiCo buys health-focused Poppi brand for $1.95B, aiming to tap into the healthier drink market.

flag PepsiCo has acquired the prebiotic soda brand Poppi for $1.95 billion, or $1.65 billion net after tax benefits, to expand into healthier beverage options. flag Poppi, known for its low-calorie drinks combining prebiotics, fruit juice, and apple cider vinegar, gained popularity after appearing on "Shark Tank" in 2018. flag Despite facing legal challenges over health claims, the acquisition aims to meet growing consumer demand for healthier drinks and compete with rivals like Coca-Cola's Simply Pop. flag PepsiCo's shares rose nearly 2% following the announcement.

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