Celsius To Acquire Energy Drink Rival Alani Nu For $1.8 Billion; Stock Surges 21%
The purchase price consideration comprises $1,275 million of cash and a $25 million earn-out and $500 million (or approximately 22.5 million shares) of newly issued restricted shares of Celsius Holdings common stock,
The company also revealed plans to purchase Alani Nu, a wellness brand known for its energy drinks, supplements, snacks and ...
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Louisville-based Alani Nu acquired by Celsius for $1.8 billionLouisville-based energy drink brand Alani Nu has been acquired for more than a billion dollars. The company, which touts ...
Celsius Holding shares jumped 34% in premarket trade as the energy drink maker agreed to buy a rival, Alani Nu, in a $1.8 billion deal. Block shares skidded 7% as [the payments ...
LOUISVILLE, Ky. (WDRB) — Two Bellarmine University graduates struck a deal worth over $1 billion to combine with another ...
Shares of energy drink maker Celsius Holdings jumped on Wednesday morning, ahead of the company's latest earnings report and a presentation from executives at a conference.
Shares of Celsius Holdings surged after the company said it would buy rival energy-drink maker Alani Nu for $1.8 billion, and it logged higher-than-expected profit and revenue in the fourth quarter.
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Energy drinks are becoming an increasingly important topic in public health, nutrition and food policy, with global sales ...
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