Celsius to Buy Energy Drink Brand Alani Nutrition in $1.8 Billion Deal
(Reuters) - Celsius is set to acquire rival energy drink brand Alani Nu for $1.8 billion, the Wall Street Journal reported on Thursday, citing people familiar with the matter. Celsius is expected to fund the deal through a combination of cash and stock, the people familiar with the negotiations told the Wall Street Journal.
Key Takeaways Energy-drink maker Celsius Holdings purchased rival Alani Nu for a net price of $1.65 billion.The acquisition ...
Celsius Holdings (CELH) has experienced a meteoric rise in its stock price, up over 40% in the past few days, following a ...
The company also revealed plans to purchase Alani Nu, a wellness brand known for its energy drinks, supplements, snacks and ...
Despite a lackluster Q4 report, Celsius Holdings surged 28% after announcing the acquisition of Alani Nu. See why I reiterate my buy rating on CELH stock.
Shares of energy drink maker Celsius Holdings jumped on Wednesday morning, ahead of the company's latest earnings report and ...
Shares of Celsius Holdings ( CELH 29.61%) were on the rebound today, jumping after the company reported better-than-expected earnings results and said it would acquire Alani Nu, another energy drink ...
Celsius expands its dominance with Alani Nu acquisition. Find out why CELH stock is a promising buy, trading below peers like Monster Beverage.
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