From Shark Tank to PepsiCo: Poppi acquired for $1.65B after disrupting soda aisle
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 ...
Recent reports suggest that Poppi reached an $8.9 million settlement to resolve the false advertising claims
In June 2024, former customer and plaintiff Kristin Cobbs filed a lawsuit against Poppi challenging the company's advertising ...
Wall Street Journal18d
PepsiCo to Acquire Prebiotic Soda Brand Poppi for $1.95 Billion
PepsiCo PEP0.45%increase; green up pointing triangle agreed to acquire prebiotic soda brand Poppi for $1.95 billion, adding a drink with claims that it is good for the gut as sales of traditional ...
The Business Journals17d
PepsiCo to acquire Poppi in $1.95B deal
Poppi's financial advisor is Goldman Sachs & Co. LLC, and Cooley LLP is the legal advisor. Poppi, originally from Dallas and legally named VNGR Beverage LLC, started off as Mother, with less ...
WholeFoods Magazine11d
M&A Update: PepsiCO Acquiring poppi
Functional soda brand, poppi, has entered into a definitive agreement to be acquired by PepsiCo. Created by Allison and ...
Convenience Store News16d
PepsiCo Continues to Evolve Its Portfolio
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 ...