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) to buy Israel-based maker of countertop soda machines, Sodastream International Ltd (NASDAQ:SODA) for $2 billion. The newspaper reported that PepsiCo, Inc. (NYSE:PEP) would be keen to tap SodaStream International Ltd’s (NASDAQ:SODA) potential to expand in the United States after the company posted over 100 percent…