Nov 22 (Reuters) - PepsiCo Inc said on Tuesday it would buy health beverage maker KeVita Inc, in an effort to diversify its soft drinks business and tap health conscious consumers.
California-based KeVita offers more than two dozen flavors of probiotic drinks, and all its drinks are certified organic, gluten-free and vegan, PepsiCo said in a statement.
Financial terms of the deal were not disclosed.
Earlier on Tuesday, soft-drinks maker Dr Pepper Snapple Group Inc said it would buy antioxidant beverages maker Bai Brands LLC for $1.7 billion.
Reuters reported last month that Pepsi was nearing a deal to buy KeVita. (Reporting by Laharee Chatterjee in Bengaluru; Editing by Sai Sachin Ravikumar)