Pepsi buys Israeli SodaStream for 3.2 billion USD
The US PepsiCo Inc. buys Israeli SodaStream International for 3.2 billion USD (more than nine hundred billion forints) – the local media reported on Monday.
Pepsi pays 144 USD for each share, which is 10.9 percent higher than Friday’s stock market closing price.
The board of directors of both companies has commented the acquisition. The transaction must still be voted on by shareholders of SodaStream and the deal must still be approved by the competent authorities as well. (MTI, Shiri Zsuzsa)
Related news
Carrefour Eyes Acquisition Of Uvesco In Spain
Carrefour is exploring the acquisition of Spanish food distributor Uvesco…
Read more >PepsiCo experiments with Smart Cans, AI tech to improve personalization
PepsiCo this year used Cannes Lion to preview new experiments…
Read more >Refreshing news straight from the consumers – reveals a representative survey by Márka
In the first quarter of 2024 Márka Üdítőgyártó Kft. conducted…
Read more >Related news
Auchan has appointed a new product director
From July 1, László Varga will perform the duties of…
Read more >Millions can make decisions about millions with just one move at Tesco
Millions of people once again have millions of forints and…
Read more >Healthy summer nutrition tips with Eisberg
With the arrival of the really hot summer and the…
Read more >