Bloomberg reports that home carbonated beverage machine company, Sodastream International Ltd. (Nasdaq: SODA) is in talks with an investmentfirm on its acquisition.
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Sodastream shares are up on Wall Street sharply on the back of the report. According to the report, 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.