Unilever has agreed to acquire GlaxoSmithKline’s Health Food Drinks (GSK HFD) business in India for $3.8bn.

The transaction also involves the acquisition of an 82% stake in GSK Bangladesh for BDT16bn ($190.5m), purchase of GSK brands, including Horlicks and Boost, as well as all-equity merger of Hindustan Unilever (HUL) with GSK Consumer Healthcare India (GSK CH India).

It also covers the acquisition of commercial operations and assets primarily in 20 other Asian markets for €470m ($533.8m).

The transaction enables Unilever to expand its footprint in high-growth emerging markets and in the health foods segment.

New Age Beverages Corporation has agreed to acquire Morinda Holdings Inc for $85m.

New Age Beverages is a developer and distributor of organic healthy beverages, while Morinda Holdings is an online retailer, offering juices, tea and gourmet foods.

To be headquartered in Denver, Colorado, the combined entity will carry out its operations in Shanghai, China; Tokyo, Japan; Munich, Germany; Utah, US, as well as in 20 other countries.

Both the companies involved in the transaction are based in the US.

“The transaction enables Unilever to expand its footprint in high-growth emerging markets and in the health foods segment.”

Imperial Capital Group and Alliance Global Partners are the advisors for the transaction.

Craft Brew Alliance (CBA) has acquired Appalachian Mountain Brewery (AMB) for an undisclosed amount.

Founded in 2008, CBA is a beer brewing company, which operates breweries and brewpubs in the US. It is involved in brewing and branding world-class American craft beers.

The transaction allows CBA to acquire AMB brand, brewery, brewpub, and its cidery.

The collaboration between CBA and AMB began in 2015 when AMB signed a partnership agreement to use CBA’s brewing capacity, marketing resources, and distribution network for development.

Both the companies involved in the transaction are based in the US.

PepsiCo has completed the acquisition of SodaStream for $3.2bn.

PepsiCo is a global food and beverage firm, while SodaStream, based in Israel, is a sparkling water brand, which converts ordinary tap water into sparkling water and flavoured sparkling water.

PepsiCo signed the agreement for the acquisition of SodaStream’s outstanding shares for $144 each in August.

The transaction will integrate PepsiCo’s marketing and distribution capabilities, global reach, research and development (R&D), and design capabilities with SodaStream’s product portfolio.