Pepsi in advanced talks to acquire soda brand Poppi, deal valued over $1.5 billion: Report

PepsiCo had planned to launch its own so-called functional soda under the brand Soulboost but decided to scrap that effort because of early indicators it wouldn’t succeed.

source https://www.livemint.com/companies/news/pepsi-in-advanced-talks-to-acquire-soda-brand-poppi-deal-valued-over-1-5-billion-report-11741971349414.html