Pepsi is buying SodaStream

Pepsi this morning announced its intentions to buy Tel Aviv-based beverage company SodaStream for $3.2 billion. The deal comes as more consumers are turning away from sugary beverages and toward more sustainable, in-home options. The acquisition, which has been unanimously approved by PepsiCo’s shareholders, comes as the soda company is looking to diversify its portfolio […] https://ift.tt/2MJ9S1o Brian Heater August 20, 2018 at 12:00PM