Pepsi is buying Poppi, the prebiotic soda sued last year for alleged deceitful marketing. PepsiCo announced on Monday that it has entered into an agreement to purchase Poppi for $1.95 billion,

PepsiCo is buying prebiotic soda brand Poppi for $1.95 billion, which includes $300 million of anticipated cash tax benefits. Poppi's founders Allison and Stephen Ellsworth launched the brand back in 2018,

Multinational giant PepsiCo has acquired Poppi, a brand of prebiotic "healthy" sodas that are part of the growing functional beverage market.