PepsiCo finalizes SodaStream acquisition, 2018-12-05
PURCHASE, NY. — PepsiCo, Inc. has completed its acquisition of SodaStream International Ltd., Tel Aviv, Israel, in a transaction valued at approximately $3.2 billion. PepsiCo purchased all outstanding shares of SodaStream for $144 per share, which represented a 32% premium to the 30-day volume weighted average price, the company said when the deal was announced in August. “I couldn’t be prouder or more excited to welcome SodaStream to the PepsiCo family,” said Ramon Laguarta, chief executive officer of PepsiCo. “With its customizable options, SodaStream empowers . . .
Transaction valued at approximately $3.2 billion.
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