PepsiCo has denied media reports that it was in talks with Israel-based home carbonated systems maker Sodastream International.
Reuters has quoted a Pepsico spokesman as saying that the company sees no need of larger acquisitions and is satisfied with its current position.
An Israeli financial newspaper Calcalist has reported that the cola giant is in talks to buy Sodastream for $2bn through global investment banking and securities firm Goldman Sachs.
The report also states that the soft drink maker eyes to grow its business in the US leveraging Sodastream's performance in the country.
Based in Israel, Sodastream manufactures and markets home carbonation systems, soda makers, carbonators, carbonating bottles and syrup flavors worldwide.
It has posted revenue of $436.32m, 51% rise, in FY2012.
