PepsiCo says the rumours it wants to buy the Israeli drinks maker, SodaStream are untrue.  SodaStream's shares had been up nearly 8% in pre-market trading on Thursday. 
SodaStream has been rapidly expanding and PepsiCo was said to be offering around two billion dollars.
So where does that leave a potential investor? Peter Garnry, Saxo Bank's Equity Strategist gives his views.