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Stock Market & Financial Investment News

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July 24, 2014
12:52 EDTSODASodaStream going private 'highly improbable to impossible,' says Stifel
Stifel believes the chances of SodaStream going private as speculated in Bloomberg's report are "highly improbable to impossible." The firm notes that insiders own less than 15% of SodaStream shares, which suggests outside capital would be needed to fund the acquisition. The firm adds that the company has a poor track record for generating cash flow. Stifel keeps a Sell rating on SodaStream.
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