Food & Beverage

SodaStream shares jump on Starbucks talks report with Reuters
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

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.

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—By Reuters contributed to this story.