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Here’s Why Pepsi Is Buying SodaStream for $3.2 Billion

August 20, 2018

Via: Time

PepsiCo Inc. agreed to buy fizzy-drinks dispenser SodaStream International Ltd. for $3.2 billion to extend the company synonymous with sugary sodas into the homes of more health-conscious consumers.

PepsiCo will pay $144 a share in cash for the Israeli company, the companies said in a statement Monday. That’s 11 percent higher than Friday’s closing price and would be the Purchase, New York-based company’s largest acquisition in eight years.

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