PepsiCo will acquire the Israeli home soda maker manufacturer SodaStream for $3.2 billion, the soft drink giant said Monday. PepsiCo plans to maintain the Israeli company’s current base of operations in the Negev. SodaStream will continue to operate as an independent subsidiary. Read more.
Israel has committed to the reconstruction of Gaza and discussing the possibility of airports and seaports in the Hamas-controlled coastal territory. Read more.