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,

Global beverage giant Pepsi is adding another brand to its portfolio. On Monday, Pepsi announced it will acquire the probiotic soda company Poppi in a $1.95 billion deal, according to the Associated Press.

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