Swipe through the latest business and wealth clues with our android app

PepsiCo to buy Israel’s SodaStream for $3.2 billion

PepsiCo Inc. said it agreed to buy SodaStream International Ltd for $3.2 billion to gain the Israeli company’s at-home soft-drink-making technology. PepsiCo will pay $144 a share in cash, the companies said in a statement Monday. The purchase will probably be the last big move by PepsiCo CEO Indra Nooyi, who is stepping down this month as head of the beverage company after 12 years in the job.

Read More at Livemint News date : 20 Aug 2018, Monday

©2019 TheNewsClues