Israel-based SodaStream International (SODA.O), which makes home soda machines, is in talks to be taken private in a deal valuing the company at $828 million, Bloomberg said, citing people familiar with the matter.
The company's shares rose 19 percent to $34.37 on Thursday.
SodaStream is in talks with an investment firm for a deal that would value the company at about $40 per share, Bloomberg said, adding no final agreement has been reached and talks could still fall apart. (bloom.bg/1qCyoRB)
SodaStream was not immediately available for comment.
Israeli media reported in April the company was in talks to sell a 10 to 16 percent stake to a large strategic entity. The Calcalist financial newspaper identified the potential investor as either PepsiCo Inc (PEP.N), Dr Pepper Snapple Group (DPS.N) or Starbucks Co (SBUX.O).
(Reporting by Sruthi Ramakrishnan in Bangalore)