PepsiCo Denies Talk Of $2 Billion SodaStream Buyout Deal – ValueWalk Premium
pepsico
06Jun

PepsiCo Denies Talk Of $2 Billion SodaStream Buyout Deal

PepsiCo, Inc. (NYSE:PEP) denied a report that it is in talks to acquire Israel’s Sodastream International Ltd (NASDAQ:SODA).

PepsiCo, Inc. (NYSE:PEP)'s CEO Indra Nooyi outright denied the deal in her interaction with CNBC today.

An Israeli financial newspaper Calcalist earlier reported that PepsiCo, Inc. (NYSE:PEP) has made an offer through Goldman Sachs Group, Inc. (NYSE:GS . . .

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Author

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

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