PepsiCo to Acquire SodaStream for $3.2 billion
PepsiCo to Acquire SodaStream for $3.2 billion
Beverage and snack maker PepsiCo announced on Monday that it plans to acquire at-home carbonated drink maker SodaStream for $3.2 billion.
The New-York based company agreed to whip out $144 per share in cash for SodaStream’s outstanding stock. This is a 32 percent premium on its 30-day volume weighted average price.
The agreement will give Pepsi a new line through which the company can reach…
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