Sodastream in talks on sale - Bloomberg

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Sodastream shares are up sharply on the back of the report.

Bloomberg reports that Sodastream International Ltd. (Nasdaq: SODA) is in talks with an investmentfirm on its acquisition. The share price of the home carbonated beverages machine company is up sharply on Wall Street. According to the report on Bloomberg, which is based on sources close the matter, the talks are on an acquisition price of $40 per share. Sodastream's share price is currently up 18.2%, at $34.16.

Published by Globes [online], Israel business news - www.globes-online.com - on July 24, 2014

© Copyright of Globes Publisher Itonut (1983) Ltd. 2013

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