Sodastream exits for $3.2 billion

PepsiCo is buying Israel’s SodaStream, producer of DIY soda makers, for $3.2 billion. Pepsi says it wants to offer healthier options in SodaStream’s environmentally friendly re-usable bottles. SodaStream will remain based in Israel and is paying large bonuses to all its 3,000 employees. Meanwhile, PepsiCo selected 3 Israeli food-tech startups for its 2018 Nutrition Greenhouse incubator program.,7340,L-3745171,00.html

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