Pepsi soft drinks are displayed at a convenience store in San Francisco, California. Justin Sullivan | Getty Images PepsiCo shares popped Tuesday after Elliott Investment Management took a significant stake as the activist investor sees a “rare” and “historic” opportunity for a turnaround in the iconic soft drink giant. Shares of PepsiCo climbed more than 5% in premarket trading. The …
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New York CNN — As younger drinkers shun traditional soda brands for gut-friendly alternatives, PepsiCo is hoping to lure them back with its iconic cola flavor. On Monday, the company is unveiling a healthier version of its flagship flavor called “Pepsi Prebiotic Cola.” The permanent addition to its lineup builds off its acquisition of prebiotic soda brand Poppi, further entrenching …
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Pepsi Prebiotic Cola. Courtesy: PepsiCo PepsiCo on Monday announced that it will launch a prebiotic cola under its namesake soda brand, starting this fall. Pepsi Prebiotic Cola comes just four months after the beverage giant announced its $1.95 billion acquisition of upstart Poppi. Soda consumption has broadly fallen over the past two decades in the U.S. But prebiotic sodas, fueled …
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