On Thursday, PepsiCo is currently in discussions to acquire Israel's Soda Stream International. The Israeli-based company is known to manufacture carbonated drinks from tap water. According to Calcalist financial newspaper, the deal was said to be priced at US$2 billion.

SodaStream was listed in 2010 on the Nasdaq. The soda company also makes flavors, reusable bottles and carbon dioxide refills and has a market value of US$1.4 billion.

According to the newspaper, PepsiCo is even willing to go higher than US$2 billion for the proposed deal. They might also agree to pay as much as US$95 per share. On Wednesday, SodaStream's shares closed at US$69.35.

The same report also stated that, PepsiCo had made an offer to buy SodaStream through Goldman Sachs. PepsiCo is interested to acquire SodaStream after its US sales doubled in 2012 said newspaper.

Spokesman for SodaStream was not immediately available to comment on said report.

Calcalist also reported that SodaStream is checking with other deals with Coca Cola Co before advancing negotiations with PepsiCo.