PepsiCo announced on Monday that it has entered into an agreement to purchase prebiotic soda brand Poppi for $1.95 billion.

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New York (CNN) — PepsiCo is buying Poppi, the popular prebiotic soda brand, in a $1.65 billion deal.

The deal boosts the food and beverage company's health-focused portfolio as consumers demand more better-for-you options.

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Avondale, Arizona, USA Info from Licensor: "My husband and I went out to eat for our anniversary to a Chinese buffet and decided to give our 15-month-old a sip of a Pepsi soda and his reaction was ...

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