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PepsiCo significantly lowers fair value of performance-based bonuses related to Poppi acquisition

Investing.com ·

PEP PepsiCo Inc
$127.30 +0.49%
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  1. 1As of September 5, PepsiCo lowered its estimate of the fair value of the performance-based contingent consideration for the Poppi deal to $12 million.
  2. 2PepsiCo entered into an agreement including a $1.9 billion cash payment for the Poppi acquisition to be paid in May 2025.
  3. 3CEO Ramon Laguarta mentioned in a recent earnings call that management remains dissatisfied with carbonated beverage performance.

So what's the key point?

As of September 5, PepsiCo lowered its estimate of the fair value of the performance-based contingent consideration for the Poppi deal to $12 million.

Source Investing.com · View original ↗

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