Deals Rumor Mill: PepsiCo, CVC Capital, Credit Suisse

Law360, New York (June 6, 2013, 2:09 PM EDT) -- PepsiCo Inc. has come out firing against a Thursday report in Israeli business newspaper Calcalist that it is edging toward a multibillion-dollar deal for SodaStream International Ltd., a company whose flagship product turns tap water into carbonated drinks. In its report, Calcalist said PepsiCo had extended a $2 billion offer through Goldman Sachs & Co., and could pump it up if SodaStream — whose market valuation clocks in around $1.4 billion — wants more. But PepsiCo representatives told several outlets that there's no truth to the...
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