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August 4, 2014
09:51 EDTSODASoros Fund exits stake in SodaStream, The National reports
Soros Fund Management, which disclosed in a filing in May that it had held a stake in SodaStream, confirmed in a statement to The National of Abu Dhabi that it no longer owns shares of the company, though would not comment further on when and why it sold the shares. However, the report noted that Palestinian activist and co-founder of the BDS movement, Omar Barghouti, said Soros quit its investment in SodaStream and promised in private letters to issue guidelines to prevent any investment into companies that "sustain the Israeli occupation" following pressure from partners in the region. SodaStream spokeswoman Nirit Hurwitz told Bloomberg in an email that the company does not comment on holder activities, Bloomberg reported after The National's re;port. Reference Link
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July 30, 2015
09:04 EDTSODASodaStream new systems coming as Keurig Kold launch looms, WSJ says
SodaStream (SODA) is recasting itself as a “sparkling water’’ company in the face of coming competition from the impending launch of Keurig Green Mountain's (GMCR) "Keurig Kold" machine in partnership with Coca-Cola (KO), but its new digital systems, including one that can mix cocktails and another that can make hot or cold drinks, won’t be ready until next year, reported The Wall Street Journal, citing an interview with SodaStream CEO Daniel Birnbaum. With competition also mounting from start-ups, SodaStream is banking on more health-conscious consumers that are cutting back or giving up soda, the report noted. Reference Link
July 28, 2015
08:29 EDTSODAHouse Oversight & Government Reform Committee to hold a hearing
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