date:Apr 18, 2014
SodaStream, an Israel-based carbonation beverage systems producer, is mulling the sale of its 16% stake to a softdrinks producer.
The sale is anticipated to be valued at around $1.1bn, reported Reuters, citing Israeli financial news daily Calcalist.
The transaction will include the sale of options, which will allow the buyer to increase the stake for potential control of the company.
About one third of the company's shares are currently owned by short-sellers.
SodaStream's shares in the US i