The single-sided embossed tin sign for Pepsi-Cola (circa 1910) in good condition, featuring a soda bottle and the phrase ...

PepsiCo said Monday it’s acquiring the prebiotic soda brand Poppi for $1.95 billion. Rival Coca-Cola launched its own prebiotic soda, Simply Pop, in February. PepsiCo said Monday that it is ...

The category’s growth makes it attractive for Pepsi and its rival, Coca-Cola, which recently launched its own prebiotic soda brand, Simply Pop.

Pepsi will acquire the upstart prebiotic soda brand Poppi for nearly $2 billion. It may be a sign of the growing interest in the functional beverage market.

Pepsi is closing a major deal to acquire a popular brand to compete against its biggest rival.

PepsiCo said Monday that it is buying prebiotic soda brand Poppi for nearly $2 billion. While soda consumption has broadly fallen over the last two decades in the U.S., prebiotic sodas, fueled by ...