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SodaStream shares jump on Starbucks talks report

An employee uses a forklift truck to prepare pallets of SodaStream products for export at the SodaStream International Ltd. factory in Mishor Adumim, near Jerusalem, Israel.
Ariel Jerozolimski | Bloomberg | Getty Images
An employee uses a forklift truck to prepare pallets of SodaStream products for export at the SodaStream International Ltd. factory in Mishor Adumim, near Jerusalem, Israel.

Is Starbucks going fizzy?

The coffee company is in advanced talks to acquire nearly 10 percent of soft-drink maker SodaStream, according to Israeli business newspaper Globes.

Read MoreSodastream surges amid talks it may sell 16% stake

SodaStream shares spiked more than 10 percent following the report.

Although no official announcement has been made yet, Starbucks' offer represents a 30 percent premium on the market price and could help SodaStream to enter the American market, as only one percent of homes are equipped with machines.

In a note to CNBC, SodaStream said it does not comment on rumor and speculation.

In February, Coca Cola took a $1.3 billion stake in Keurig Green Mountain, maker of the popular Keurig one-cup coffee brewer, with plans to jointly launch a home soda maker machine, prompting speculation SodaStream would pursue its own partnership with a company.

Keurig shares were in the red following the report.

Click here to read the full story.

—By CNBC.com. Reuters contributed to this story.

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