Israel-based SodaStream International , which makes home soda machines, is in talks to be taken private in a deal valuing the company at $828 million, Bloomberg said, citing people familiar with the matter. The company's shares rose 19 percent to $34.37 on Thursday.SodaStream is in talks with an investment firm for a deal that would value the company at about $40 per share, Bloomberg said, adding no final agreement has been reached and talks could still fall apart. (bloom.bg/1qCyoRB)SodaStream was not immediately available for comment.Israeli media reported in April the company was in talks to sell a 10 to 16 percent stake to a large strategic entity. The Calcalist financial newspaper identified the potential investor as either PepsiCo Inc, Dr Pepper Snapple Group or Starbucks Co.
Dr Pepper Snapple Group, Inc. (DPS) is an integrated brand owner, manufacturer and distributor of non-alcoholic beverages in the United States, Canada and Mexico with a diverse portfolio of flavored (non-cola) carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including ready-to-drink teas, juices, juice drinks and mixers. Shares of DPS traded higher by 4.67% or $2.73/share to $61.17. In the past year, the shares have traded as low as $43.18 and as high as $60.50. On average, 1438710 shares of DPS exchange hands on a given day and today's volume is recorded at 1963855.
PepsiCo, Inc. (PepsiCo) is a global food and beverage company. Shares of PEP traded higher by 1.33% or $1.21/share to $92.03. In the past year, the shares have traded as low as $77.01 and as high as $93.09. On average, 3932650 shares of PEP exchange hands on a given day and today's volume is recorded at 1978431.
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