date:Apr 30, 2014
Global coffee shop giant Starbucks Corporation is reportedly in advanced talks to acquire 10 per cent of home carbonated beverage machine company SodaStream International Ltd at a company value of $1.1 billion.
Starbucks offer reflected a 30 per cent premium on the $850 million market price of SodaStream. It is believed an official announcement will be made soon.
Deal would broaden SodaStream distribution
Market sources have previously suggested that SodaStream was seeking a partner, like the