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,
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 ...
Shares of the third-largest energy drink brand in the United States, Celsius (NASDAQ: CELH), were up 44% this week as of 11 a ...
Energy drink and lifestyle brand Celsius will buy Alani Nutrition for $1.8bn: creating a leading better-for-you, functional ...
WLKY Louisville on MSN1d
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 Holdings’ (CELH) planned acquisition of rival Alani Nu has resulted in significant losses for short sellers. These ...
Short sellers that bet against Celsius Holdings Inc.’s fortunes before their planned acquisition of rival Alani Nu are now ...
leveraging Celsius' distribution muscle to accelerate Alani Nu's growth while strengthening Celsius' own foothold in the ...
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