August 20, 2018 / 6:21 AM / 3 months ago

PepsiCo to buy Israel's SodaStream in $3.2 bln deal

Aug 20 (Reuters) - PepsiCo Inc said on Monday it would buy Israel-based Sodastream, which makes fizzy drink-making household devices, in a deal valued at $3.2 billion.

PepsiCo will acquire Sodastream for $144 per share in cash, the companies said in a statement. (Reporting by Bhanu Pratap in Bengaluru; Editing by Sai Sachin Ravikumar)

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