PepsiCo to buy SodaStream for US$3.2bil


GENEVA: PepsiCo Inc has agreed to buy fizzy-drinks dispenser SodaStream International Ltd for US$3.2bil to extend the company synonymous with sugary sodas into the homes of more health-conscious consumers.

PepsiCo will pay US$144 a share in cash for the Israeli company, the companies said in a statement.

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Business , PepsiCo , Sodastream

   

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