mergers and acquisitions

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Minister of Economy and Industry, Eli Cohen (right), and SodaStream's CEO Daniel Birnbaum at the Min

PepsiCo to buy SodaStream for $3.2 billion

PepsiCo will now have a chance "to reach consumers beyond the bottle," said PepsiCo President Ramon Laguarta in a statement.

Israeli company sold in staggering $7.1 billion deal

The deal represents the second largest sale or "exit" of an Israeli company, only surpassed by Intel's purchase of Mobileye for $15.3 billion in 2017.

Tel Aviv stock exchange

Value of Israeli mergers and acquisitions deals drops in 2017

The average price of each transaction fell by about 38%, but there was a slight 9% in the number of transactions this year, up to 131 M&A deals.

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