PepsiCo puts fizz into healthy drinks with $3.2 billion SodaStream deal

FILE PHOTO: Employees pack boxes of the SodaStream product at the factory in the West Bank Jewish settlement of Maale Adumim January 28, 2014. REUTERS/Ammar Awad

JERUSALEM/LONDON (Reuters) – PepsiCo will buy carbonated drink-machine maker SodaStream for $3.2 billion as it battles Coca-Cola for an edge in the health-conscious beverage market. Founded in Britain in 1903, SodaStream was a coveted device in British kitchens in the 1970s and 80s, allowing people to create fizzy drinks by adding flavored syrups to carbonated […]

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