According to the Israeli financial newspaper SodaStream is in talks to sell a stake of between 10% and 16% at $52 a share. The sale would value the company at $1.1 billion.
PepsiCo (PEP), Dr Pepper Snapple (DPS), and Starbucks (SBUX) are listed as potential investors. The potential investor, which ever company it is, is reportedly interested in an option to increase its stake in SodaStream in the future, and eventually take control of the company.
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TheStreet Ratings team rates SODASTREAM INTERNATIONAL LTD as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:
"We rate SODASTREAM INTERNATIONAL LTD (SODA) a HOLD. The primary factors that have impacted our rating are mixed -- some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity."