Thursday 20 September 2018
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1 months ago

PepsiCo to buy SodaStream for $3.2 bn

NEW YORK, United States (AFP) PepsiCo said Monday it plans to buy SodaStream, an Israeli maker of carbonation products, for $3.2 billion as the beverage and snacks giant makes further inroads with in-home goods. The cash deal will see PepsiCo pay $144 per share for SodaStream s outstanding stock, a 32 percent premium over its average price of the past 30 days. SodaStream offers consumers the ability to make great-tasting beverages while reducing the amount [ ]

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