SodaStream has been the subject of recent takeover speculation

SodaStream has been the subject of recent takeover speculation

SodaStream is in talks with an investment firm keen to take the company private in a US$828m deal, according to a media report.

The Israeli-based company, which went public in 2010, has not reached a final agreement and talks could still fall apart, Bloomberg said yesterday citing sources close to the matter. SodaStream's share price jumped by about 17% on the reports and is currently about 8% higher than Wednesday's close.

SodaStream has yet to respond to a request for comment from just-drinks.

A number of groups are reportedly interested in investing in SodaStream, including Starbucks, which in April was rumoured to be looking to take a 10% stake in the firm.

Bloomberg also said yesterday that “several private-equity funds” have been looking at SodaStream for a leveraged buyout. 

Expert analysis

Sodastream Canada in Soft Drinks (Canada)

Sodastream Canada in Soft Drinks (Canada)

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