Date:	--/--/-- --:--:--
Event Id:	E5D5A4CDM
Action Type:	ACQUISITION
Action Status:	ANNOUNCED
Acquirer Symbol:
Target Symbol:	PRIVATE
Updated:	--/--/-- --:--:--
Purchase Price Per Share:
Price Per Share Currency:
News References:	https://www.prnewswire.com/news-releases/pepsico-to-acquire-poppi-302403026.html

Action Notes

PepsiCo, Inc. today announced that it has entered into a definitive agreement to acquire poppi, a fast-growing prebiotic soda brand, for $1.95 billion, including $300 million of anticipated cash tax benefits for a net purchase price of $1.65 billion. The transaction also includes an additional potential earnout consideration subject to the achievement of certain performance milestones within a specified period after closing of the transaction. The transaction is subject to customary closing conditions, including regulatory approval. Additional terms of the acquisition were not disclosed.