PepsiCo Denies Talk Of $2 Billion SodaStream Buyout Deal

Mani

Published onJune 6, 2013

Updated on May 13, 2021

PepsiCo, Inc. (NYSE:PEP) denied a report that it is in talks to acquire Israel’s Sodastream International Ltd (NASDAQ:SODA).

PepsiCo, Inc. (NYSE:PEP)'s CEO Indra Nooyi outright denied the deal in her interaction with CNBC today.

An Israeli financial newspaper Calcalist earlier reported that PepsiCo, Inc. (NYSE:PEP) has made an offer through Goldman Sachs Group, Inc. (NYSE:GS) to buy Israel-based maker of countertop soda machines, Sodastream International Ltd (NASDAQ:SODA) for $2 billion.

The newspaper reported that PepsiCo, Inc. (NYSE:PEP) would be keen to tap SodaStream...

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Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

PepsiCo Denies Talk Of $2 Billion SodaStream Buyout Deal

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