=SodaStream (SODA) to be acquired by PepsiCo (PEP) for $144/share

SodaStream to be acquired by PepsiCo (PEP) for $144/share in cash, or approximately $3.2 bln 
Under the terms of the agreement between PepsiCo and SodaStream, PepsiCo has agreed to acquire all of the outstanding shares of SodaStream International Ltd. for $144.00 per share, in a transaction valued at $3.2 billion. The transaction will be funded with PepsiCo's cash on hand. PepsiCo's strong distribution capabilities, global reach, R&D, design and marketing expertise, combined with SodaStream's differentiated and unique product range will position SodaStream for further expansion and breakthrough innovation.